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Understanding Westwood's Residential/Commercial Tax Shift for FY13

Last night the Board of Selectmen held the yearly public hearing on Westwood's split tax rate for commercial and residential properties. Not much has changed for FY13 from FY12.

Please note that some corrections were made to this story on Tuesday, October 23, 2012, at about 10:45 a.m. Originally, the $14.89 tax rate was listed as a percentage. It is not. Also, Patch originally reported that the average home in Westwood valued at approximately $530,000 would see a tax increase of $874 this year. That is incorrect. The correct amount is in fact $218.


The property values in Westwood have mostly stayed right where they were last year. In fact, 80% of homes have not changed in value from last year.

"There really hasn't been a change," Westwood Finance Director Pam Dukeman said. "It's been a very quiet year."

Because it can be very difficult to understand tax shifts, Dukeman and Town Administrator Michael Jaillet spoke to Patch yesterday afternoon to help clarify things for Westwood residents and business owners.

The shift factor for FY13 will be 1.65. The commercial and residential tax rate will go up the same. Residential properties will now pay a tax rate of $14.89, which will mean there will be a yearly tax increase of $218 on a house valued at $532,345.

The tax rates aren't approved yet by the state, but the Board of Selectmen expects them to be approved within the next couple of weeks. People have already received a bill with this new amount on it, and the next bill will be on January 1.

For more information on this, please take a look at the attached document.

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Eddie October 23, 2012 at 12:47 PM
Not much has changed?? $1,000 per year increase or more for most residents. That is over $12M in tax revenue.....I would say that is substantial. And that total is based on all Westwood homes being valued at $532K.
Christine McCarthy October 23, 2012 at 01:22 PM
Rob - these numbers are incorrect. The residential tax rate is $14.89, not a percentage which will mean there will be an increase of $218 per year. The $874 amount is actually how much is SAVED by each home because of the commercial shift. Residents that are questioning the above article should watch the Selectmen's Meeting last night: http://westwoodtownma.iqm2.com/Citizens/SplitView.aspx?Mode=Video&MeetingID=1045&AgendaID=1036&FileFormat=pdf&Format=Agenda&MediaFileFormat=wmv Thanks Christine McCarthy Executive Assistant Town of Westwood
Robert Rosen October 23, 2012 at 02:47 PM
Eddie, the original amount stated in my story was incorrect. It was a mistake on my part. The correct annual increase for a home valued at around $500,000 is actually $218. I apologize for the confusion.
Robert Rosen October 23, 2012 at 02:48 PM
Thank you for pointing out my mistakes, Christine. The numbers in the article have been changed to the accurate information.

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