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Residential, commercial tax split down in North

NORTH ATTLEBORO - Proposed tax rates for residential, commercial and industrial properties was approved the town council on Monday night.

Residential property would be taxed $12.79 per $1,000 of value, while the rate for commercial and industrial property would be $15.48 per $1,000.

The new rates represents a split of 1.17, meaning business will pay at a rate 17 percent higher than homeowners.

The percentage is down from the 18% for this calendar year.

The rates must now be approved by the state.

Town Manager Michael Borg started the presentation before the council discussed and approved the rates.

Click the video below to stream highlights of the discussion and votes.

That meeting can be seen in its entirety on North TV’s Government Channel: Comcast 98 and Verizon 23.

Check out the times by clicking here:

https://government.northtv.net/schedule

The council meeting is also available for streaming by becoming a North TV Insider. Click here and follow the instructions to register:

https://www.northtv.net/membership-registration/