Budget & Taxes

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Belmont Maintains Single Tax Rate

December 4, 2025
The Select Board voted to maintain a single tax rate with a residential factor of one. “At a time when we’re desperately trying to encourage commercial development, this would not be the time to put the tax burden on commercial property,” said…

Town Meeting Rejects Plan for Parking Benefit Districts

October 22, 2025
After a relatively lengthy debate Monday night, Town Meeting voted down a proposal by Select Board Chair Matt Taylor to create parking benefit districts. The article, which failed 44 to 163 with 19 abstentions, sought permission for the town to redirect revenue…

Hearing Held on Home Rule Petition To End Country Club Tax Break

July 17, 2025
Select Board member Elizabeth Dionne and two Belmont residents made a plea this week to legislators considering a bill that would update the tax treatment of recreational land in Belmont. Through Massachusetts General Law, Chapter 61B, certain types of land defined as…