2024-2025 Budget Documents
2024-2025 Town Capital & Operating Budget (DRAFT presented to Board of Finance 3.21.2024)
Town of Marlborough
Board of Selectmen 2024-2025 Proposed Budget Presentation (April 15th, 2024)
Marlborough Board of Education (Elementary School)
2024-2025 Marlborough Board of Education (Elementary) Budget Materials
RHAM Board of Education (Middle & High Schools)
2024-2025 RHAM Board of Education (Middle & High School) Budget Materials
How Can I Calculate the Impact on my Real Estate Taxes?
To estimate your taxes, please do the following:
- Use the Town of Marlborough GIS Map to look up the assessed value of your property. Do not use Zillow or similar websites. Those sites might help estimate the market value of your home. The assessed value usually is significantly less than the market value. On the Marlborough GIS Map, you can either zoom in and click on your property on the map or click the Search button in the top right corner of the page and type in your address. When you find your property, you will see a header on the property record called Valuation. The first number in that section - Total Valuation - is the number you will use.
- Divide the Total Valuation by 1,000.
- Multiply that number by 3.10 (the proposed increase in the mill rate) to estimate the proposed increase on your property. You can also multiply that same number (Total Valuation divided by 1,000) by 37.83 - the proposed new mill rate - to estimate the total proposed real estate tax on your property.
Let's take an example of a home with an assessed value of $175,000.
$175,000/1,000 = 175
175*3.10 = $542.50
The real estate tax on that home is estimated to increase by $542.50 per year or $45.21 per month.
$175,000/1,000 = 175
175*3.10 = $542.50
The real estate tax on that home is estimated to increase by $542.50 per year or $45.21 per month.