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Woolwich tax rate remaining unchanged

Woolwich tax rate remaining unchanged
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Woolwich to vote on $2 2 million spending plan; tax impact unknown

Woolwich to vote on $2.2 million spending plan; tax impact unknown The largest driver of the proposed budget is a $100,000 addition to begin saving for the town to conduct a property re-evaluation. Share Woolwich residents will be asked to approve a $2.2 million municipal spending plan at a special town meeting Wednesday, May 26, at 6 p.m. at Woolwich Central School. The proposed $2,207,194 municipal budget is $252,179 higher than last year’s $1,955,015 budget, showing a 12.9% increase. Town officials don’t yet know how the proposed budget would impact the town’s property tax rate, which now sits at $15.40 per $1,000 of valuation, said Town Administrator Kim Dalton. This means a Woolwich home valued at $200,000 receives a $3,080 property tax bill.

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