Historical Information & Data / Tax Rates / Levy

FY2026 to FY2015

Fiscal YearTown Assessed ValueAV YOY PercentageTotal Tax Levy (Res and CIP)Tax Levy YOY PercentageRes Tax RateCIP Tax RateRTE PercentageRTE Exemption Value
RTE Amount (Exemption Value / 1000 * Tax Rate)
20263,992,469,4704.3% $22,795,6553.9%6.175.7135%$399,666$2,466
20253,829,262,8804.8% $ 21,949,6696.6%6.185.7335%$383,031$2,367

2024

3,654,927,230

18.6%

 $ 20,593,399

7.4%

5.99

5.63

30%$312,841$1,874
2023

3,080,431,580

24.6%

 $ 19,181,679

5.2%

6.54

6.23

25%$218,295$1,428
2022

2,472,444,160

4.4%

 $ 18,231,305

8.2%

7.73

7.37

25%$174,978$1,353
2021

2,367,718,390

2.1%

 $ 16,848,463

2.8%

7.38

7.12

20%$133,563$986
2020

2,318,522,670

2.5%

 $ 16,397,503

0.6%

7.33

7.07

20%$130,941$960
2019

2,262,814,040

4.5%

 $ 16,296,614

4.1%

7.45

7.20

20%$127,838$952
2018

2,166,275,780

2.0%

 $ 15,648,890

5.6%

7.37

7.22

20%$122,494$903
2017

2,123,364,060

1.9%

 $ 14,821,081

5.0%

6.98

6.98

N/AN/AN/A
2016

2,084,200,430

2.8%

 $ 14,110,037

4.9%

6.77

6.77

N/AN/AN/A
2015

2,028,118,100

2.2%

 $ 13,446,423

5.4%

6.63

6.63

N/AN/AN/A

Please Note: Tax rates are per thousand dollars of value. 

Abbreviations:

  • AV: Assessed Value
  • YOY: Year Over Year
  • RES: Residential
  • CIP: Commercial Industrial and Personal Property
  • RTE: Residential Tax Exemption (accepted in FY2018)

How to Calculate Your Tax Bill

Step 1

  1. Visit the Assessor's Mapping Website
  2. Search by property address:
    1. Documents: Select "Town Property Card"
    2. Find Current Assessed Value (center box above photo)

Step 2

To calculate the tax bill for the FY, use the following formula:

Assessed Value divided by 1,000 times the Tax Rate times 3% (CPA Tax - Community Preservation Act) equals your Tax Bill amount.

If applicable, you can subtract the RTE amount to determine the final tax bill amount.

Example:

Property with value of $1,000,000:

$1,000,000 divided by 1,000 times $5.99 (res tax rate) equals $5,990. Multiplied by 1.03 (CPA tax) equals $6,170 in Taxes.

RTE Recipients: $6,170 minus $1,930 (1,874 FY24 RTE Value times 1.03 CPA) equals $4,240 in Taxes for RTE Recipients

See Historical Tax Rates in Truro Since FY2002 (PDF).