Residential Tax Exemption
Residential Tax Exemption
Learn how we can adjust property taxes in Great Barrington to sustain the foundation of our community.
Communities across Massachusetts and the country are facing growing affordability challenges. Education, infrastructure and capital needs raise extraordinary pressure for local taxpayers. These pressures are worse in rural communities.
The state's Residential Tax Exemption would bring significant tax relief to 90 percent of Great Barrington's year-round residential properties.
The tax program allows municipalities to shift a portion of the local property tax from lower and middle-value properties to properties occupied part-time. A handful of high-value year-round properties would also absorb some of this tax shift.
With RTE, we bring more sustainability to our community and its residents, whether year-round or part-time.
Calculate your relief here.
Great Barrington residents are struggling with the wave of post-Covid economic shifts that have raised nearly all costs in the post-Covid era. Our local working professionals, tradespeople, families and seniors are struggling. Household sustainability is at risk, destabilizing our wider community.
A new high school. Overdue bridge replacements. Acquisition of the failing Housatonic Water Works. These are Great Barrington's immediate, pressing needs. A new tax structure would allow our towns to tackle these projects AND bring tax relief to owners of 90 percent of residential properties in town.
Our lowest-earning households pay the highest-percentage of income toward property taxes. The RTE shifts taxes from lower-income year-round homes to those occupied part-time, and to some high-value year-round properties. In essence, we are asking for added support from our part-time neighbors.