Government
See the Property Tax Rates Recommended to be Adopted by Town Council
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Watertown Town Hall
Tuesday night, the Town Council will hear the annual Tax Classification hearing presentation from Town Assessor Earl Smith, which calls for increasing the break given to owner-occupied homes and condos in Watertown. According to the Assessor’s presentation the recommended tax rate for Fiscal Year 2020 will see bills go up between $169 and $281 for owner occupied properties which receive the residential exemption, and three-family homes would actually see their bills go down. Smith’s presentation includes a recommendation to increase the residential exemption, which is given to homes which are the primary residence of the owner. “The Board of Assessors recommends increasing the residential exemption to 24 percent for FY2020. The Board’s intention, at this time, is to further recommend an increase in FY2021 to 25 percent.





