City News

More

Understanding Your Real Estate Tax Bill

December 19, 2020 


The following information will help you understand your quarterly real estate tax bill.

  1. The first two bills of the fiscal year (which runs July 1 through June 30) are called preliminary tax bills.
    1. The amount on these first two bills is calculated by taking the previous year's Real Estate tax bill then divided by four. The resulting amount will appear on the first and second quarter bills.
  2. The third and fourth quarter bills are actual bills. These bills will show the tax rate for the current fiscal year as well as the current valuation of the property. The bills will also include the current betterment, committed interest, water/sewer liens.

a) The amount due on the 3rd and 4th quarter bills is calculated as follows: Take the valuation and divide by 1000; then multiply by the tax rate $18.13 (This figure is the total tax for the fiscal year).

b) Take the total tax and add in the betterment/committed interest charges, water/sewer lien charges. Subtract the two preliminary tax amounts charged.

c) You should then divide the balance by two. This figure represents the amount due on the 3rd and 4th quarter bill.

Due dates are as follows:

1st Quarter: August 1
2nd Quarter: November 1
3rd Quarter: February 1
4th Quarter: May 1

Real Estate Tax FAQ’s –

https://www.leominster-ma.gov/depts/management/assessor/faqs/realestate.asp


FY 21 Property Values By Location

November 23, 2020 

Listing of FY21 Property Values by location.

View PDF

City Events

Tuesday, January 19, 2021 (Today)

No entries to display.


City Calendar

Loading Calendar...

Public Meetings

Leominster School Committee Finance Subcommittee Meeting

Tuesday, January 19, 2021 (Today)

5:30 PM


Leominster School Committee Policy Subcommittee Meeting

Tuesday, January 19, 2021 (Today)

6:00 PM


Leominster School Committee

Tuesday, January 19, 2021 (Today)

7:00 PM


CDBG Request for Proposals

Wednesday, January 20, 2021

10:00 AM


Leominster Housing Authority

Wednesday, January 20, 2021

3:00 PM


Ways and Means Committee Meeting

Wednesday, January 20, 2021

5:00 PM


Public Meeting Calendar

Loading Calendar...

Community Events

Tuesday, January 19, 2021 (Today)

No entries to display.


Community Calendar

Loading Calendar...