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Wayland Real Estate Tax
Calculation Payment Bank Escrow
Accounts
Tax Relief Programs Who is
responsible? Assessor's Website
Payments:
For payment by ACH debit
transfer, or for payment by credit
card please logon to www.mcc.net
and follow the instructions. There is a charge of $.25 for a debiting a
bank account and a 3% fee charged by the credit card company (the credit card
charge may be slightly more - please be aware of the amount indicated - American
Express and Discover only) . This service is
available only for payments made by the due date.
Payment by check should be
mailed in the pre-addressed envelope that is enclosed with your bill, along with
the remittance portion of the bill. If you are not
enclosing a copy of your bill, it is best to mail the check to Tax Collector, 41
Cochituate Rd., Wayland, MA 01778.
Checks are
made payable to:
| Town of Wayland |
| Town Collector |
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PO Box 981005 |
| Boston,
MA 02298-1005 |
Do not send correspondence with the payment.
Payments go directly to the bank for processing. Please send all
communications under separate cover to the Collector's Office at the Town
Building, 41 Cochituate Road, Wayland, MA 01778.
If
the payment is late (interest is calculated at 14%), or if you would like a
receipt, come to the Collector's window at the Town
Building, 41 Cochituate Road, Wayland.
The fiscal year for property tax is July 1 to June 30. If the due date
falls on a weekend or holiday, the payment is due on the next business day.
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1st payment is due
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August 1
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(covers July - September)
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2nd payment is due
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November 1
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(covers
October - December)
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3rd payment is due
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February 1
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(covers January - March)
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4th payment is due
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May 1
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(covers April - June)
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Office
hours: Tuesday-Friday 8:00-4:00 PM, and Monday 8:00-7:00 PM
Telephone
(508)358-3633 Fax (508)358-4175
New owners should be aware
that their names might not be on the current bill. Massachusetts General
Law requires that property be assessed to the owner of record as of January 1 of
the year preceding the fiscal year. (e.g. January 2009 for Fiscal year 2010).
Please also be aware that
abatement applications are due in the Assessor's Office by the close of business
on February 1.
If you need to change your
mailing address, please contact the Board of Assessor's Office at (508)358-3788.
Tax
rates for Real Estate have been as follows:
FY
2002 $16.18
FY
2003 $12.52
FY
2004 $13.13
FY
2005 $12.58
FY
2006 $12.54
FY
2007 $13.82
FY
2008 $14.98
FY
2009 $16.37
FY
2010 $17.78
Calculation:
The preliminary tax rate FY
2010 was
$16.37 plus 2.75% per 1000 dollars of value.
Bills for the first and second quarter are estimated based on
(1) the total bill for
the previous fiscal year including abatements and liens (2) a 2.5% increase (3) an amount to cover all overrides approved at
the Town Meeting.
The new tax rate is set January 1 by the Assessor's Office, the Accounting
office and approved by the Commonwealth of Massachusetts. The remaining two
quarterly payments reflect the new tax rate, plus liens, betterments, and
abatements previously approved.
Contact the assessor's office with questions regarding valuation:
(508)358-3788 or online
Bank
Escrow Accounts:
If
a bank pays your taxes you
must mail your tax bill to the bank immediately (unless they have notified you
otherwise). The Treasurer's Office mails the bill to the home owner only.
Tax Relief Programs:
There are also
several programs available through the assessor's office:
-Blind Exemption
-Elderly
-Veterans
-Deferral of taxes
-Circuit
Breaker
-
Community Preservation Act Abatements
Contact
the Assessor's
Office for more information (508)358-3788.
Who is responsible?
Under Massachusetts General Laws the Assessors must use January 1 as the
assessment date. Ownership must be reflected as of January 1 for the year
preceding the fiscal year (the fiscal year runs six months ahead of the calendar
year-July 1, 2008 through June 30, 2009 is Fiscal Year 2009).
For example: the owner as of 01-01-2007 will show as the owner of record for
the fiscal year that starts 07-01-2007. If a house sells on 02-01-2007,
that new owner's name would not appear on the tax bill until 07-01-2008, the
beginning of the fiscal year 2009. Even though the tax is assessed in the
name of the previous owner, the new owner is responsible for the taxes on the
property once the sale has been concluded. (This information is usually
noted at the time of your closing.)
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