ADDISON — Addison’s overall residential property tax rate is rising by almost 18 cents or 8 percent, while the commercial non-residential rate — a category that includes seasonal homes, of which there are many in Addison — is rising by about 10 cents, or roughly 5 percent. The Addison selectboard set the town’s municipal property tax rate on Friday, July 19, at 44.3 cents, an increase of less than a penny. That rate includes a 0.015 of a penny for a local exemption tax that allows Addison to give property t … (read more)
