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Tax Rate Calculator

Calculate your tax rate for next year if the Town approves the projects below. Choose at least one project below to calculate

Are you eligible for Residential Exemption?

Choose at least one of the projects below to calculate your tax increase.

The tax rate impact values below are estimates only.  Values may vary based on when debt for any given project is added to the tax base.  Capital exclusion is a one-year increase in the tax levy, and debt exclusion debt is calculated at 4.5% for twenty-five years.

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Ballot Question

Article

Override Purpose

Type

Amount***

Tax Value Increase

-

-

Capital Exclusion

Capital Exclusion

$2,250,000


-

-

Our Island Home

Debt Exclusion

$116,000,000

-

-

Nantucket Public Schools - Stadium Renovations

Debt Exclusion

$25,500,000

-

-

Tom Nevers Debris Removal

Debt Exclusion

$8,000,000

-

-

Town Employee Housing

Debt Exclusion

$7,000,000

-

-

Seasonal Employee Housing Dormitory Renovations Phase IV

Debt Exclusion

$5,400,000

-

-

Somerset Sewer Extension SRF Eligible

Debt Exclusion

$36,800,000

-

-

Somerset Sewer Extension Not SRF Eligible

Debt Exclusion

$9,800,000

TOTAL

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