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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% for twenty years.

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Ballot Question

Article

Override Purpose

Type

Amount***

Tax Value Increase

1

11

Our Island Home Facility: Design/OPM

Debt Exclusion

$8,500,000


2

12

Renovate/reconstruct Harbormaster Building (Supplemental Funding)

Debt Exclusion

$2,000,000

3

13

Pleasant Street Repaving with Improved Sidewalk: Silver to Main

Debt Exclusion

$2,000,000

4

14

Loran Seasonal Housing Repairs Phase 2

Debt Exclusion

$4,500,000

5

15

Nantucket Public Schools: Campus-wide Improvements

Debt Exclusion

$5,600,000

6

16

2 Fairgrounds Office Building: Design & OPM

Debt Exclusion

$6,000,000

7

17

Town Employee Housing: Construction

Debt Exclusion

$8,500,000

8

18

PFAS Groundwater soil investigation

Debt Exclusion

$2,000,000

9

19

Real Estate Acquisition: 10-12 Washington Street

Debt Exclusion

$4,750,000

10

2‍

Affordable Housing Trust

Debt Exclusion

$10,000,000

11

10

Capital Exclusion: Vehicles and Equipment

Capital Exclusion

$1,176,000

13

10

Water Mains West of Nantucket Memorial Airport

Debt Exclusion

$9,000,000

TOTAL