Mahone Bay: Tax Bills To Rise In 2012/13

 

 Property taxes for residents and business owners in Mahone Bay are on the rise. The residential rate has been set at $1.15 which represents an increase of about 1.6 percent. Mayor Joe Feeney says setting the tax rate is a balancing act for the town.



The commercial rate has been set at $2.88 per hundred of assessment. The town will spend $500,000 in capital projects this year with just over $12,000 approved in grant requests.