ADAMS, Mass. — The owner of an average home in Adams can expect their property tax bill to increase by $130.51 this year, or about $65.26 per installment for the semi-annual schedule.

 

During Wednesday's meeting, the Select Board approved a 30 percent split shift for fiscal year 2027, which it has done for the last four years.

 

The commercial, industrial and personal property tax rate is $22.20 per $1,000, for a valuation of $940,00 that equates to a tax bill of $20,868, an increase of $648.60 from the prior year, said Town Assessor Paula Grover.

 

The residential tax rate is $16.08 per $1,000 of assessed value, an estimated annual tax bill of about $4,272. 

 

The average single-family home is valued at $265,700, an increase of $700 from the previous fiscal year. The increase is smaller than recent years, with valuation increases largely limited to homes that underwent renovations or other improvements.

 

The town saw substantial new growth this year, totaling $18,163,326, with the majority of that growth coming from personal property.

 

"A great new growth number for our town. So, that's great," Select Board Chair Jay Meczywor said.