Westport finally has a new tax rate. On Wednesday night, the Board of Finance unanimously approved the 2011-12 fiscal year mill rate of 17.43 that's about a 2.95 percent increase over the current rate of 14.85.
The town's mill rate determines how much money property owners will pay on taxes. Under the new mill rate, which goes into effect July 1, property owners will pay $17.43 in taxes for every $1,000 of assessed value.
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