Tax bills are due Feb. 1.
The tax rate this year was The rate was $14 per $1,000 last year and $13.47 in the previous year.
North Reading has a , making residential and commercial tax rates the same.
Selectman Mike Prisco does not agree with the single tax rate and would prefer that the town change to a split tax rate, which would require businesses to pay more than residents.
According to Selectman Steve O'Leary, however, the most a split tax rate would save an average household is $477, but it would increase businesses taxes by approximately $6,600.
Raising business owners' taxes would prevent them from donating to town programs, and may even steer new businesses from opening in North Reading, according to single tax rate supporters.
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