Reading’s Tax Rate Recalculated Upward

High school debt mistakenly omitted from previous rate.

Like a car’s GPS that tells you to adjust your route if you miss a turn, the town’s appraiser has recalculated the property tax rate in Reading, and it’s -- up. The correct rate is $14.94 per thousand of a property’s value, not $14.39 per thousand, according to Chief Appraiser Victor Santaniello. That means the average tax bill for a single-family house valued at $432,000, the town average, will go up $169, to $6,459. That’s an increase of 2.68 percent over the current average of $6,290. The average commercial tax bill will rise by $406, to $22,527.That’s an increase of 1.84 percent from the current average of $22,121. Santaniello, the town’s new chief appraiser who shares appraising duties almost equally between Reading and Wakefield, …

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