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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

7

10

Capital Exclusion

Capital Exclusion

2274300

1

11

Our Island Home

Debt Exclusion

119000000

2

12

Nantucket Public Schools - Stadium Renovations

Debt Exclusion

26000000

6

16

Tom Nevers Debris Removal

Debt Exclusion

8000000

3

13

Town Employee Housing

Debt Exclusion

7000000

4

14

Seasonal Employee Housing Dormitory Renovations Phase IV

Debt Exclusion

5400000

5

15

Somerset Sewer Extension SRF Eligible

Debt Exclusion

36800000

5

15

Somerset Sewer Extension Not SRF Eligible

Debt Exclusion

11300000

TOTAL

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