Government
Council Approves Tax Rate for FY2026, See How Much of an Increase to Expect
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Charlie BreitroseA lot of money was raised and spent on the 2015 Watertown Election. Watertown homeowners will see their property taxes rise nearly 7 percent after the City Council approved the Fiscal Year 2026 Tax Classification on Wednesday night. The average residential tax bill is $11,328, which is up $734 or 6.9 percent, according to the presentation by Earl Smith, the chair of the Watertown Board of Assessors. The Council also adopted the residential exemption at 35 percent, which provides a savings of $3,965. The average tax bill with the residential exemption is $7,363, which is up $476 or 6.9 percent.







