HADLEY — Typical homeowners in Hadley will see their property tax bills rise by nearly $200 this year.
The Select Board Wednesday voted to set the new tax rate at $12.78 per $1,000 of property valuation, an increase from the current $12.36 per $1,000 valuation.
With a corresponding rise in the assessment of the average single-family home from $324,900 to $328,800, the typical tax bill will rise to $4,202, or $186 more than current annual tax bills, said Assessor Dan Zdonek.
Most of the adjustment relates to the usual increase allowed under the Proposition 2 ½ tax cap, but Zdonek noted that there are other factors, as well, including about $18 attributable to a large building in the town’s industrial park being taken off the tax rolls.
That building at 400 Venture Way, previously owned by NNC Pearson, Inc., also known as National Evaluation Systems, was sold last December to the University of Massachusetts Building Authority for $4.65 million. The university is tax-exempt and thus does not have to pay property taxes on it.
Tax bills could be further changed depending on whether a series of capital expenditures supported by special Town Meeting last week are also approved in a debt-exclusion override ballot vote on Dec. 19.
Scott Merzbach can be reached at smerzbach@gazettenet.com.
