Property Taxes Hold Steady in Lunenburg

Residents of Lunenburg don't have to worry about a heavier tax bill this year. The town will maintain its tax rate despite absorbing the cost of maintaining Lunenburg Academy. The residential rate has been set at $1.27 per hundred of assessment while the commercial rate is $3.26 cents. Overall, the town will operate with a budget of $12 million dollars which includes its electric and water utilities. Just over $3.1 million dollars will be spent on capital projects this year.