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Westport Lowers Mill Rate, Sets Tax Rate

 WESTPORT, Conn. — The Westport Board of Finance unanimously approved lowering the mill rate which means less taxes for property owners in town beginning July 1, according to the Westport News.

Westport property owners will pay less taxes due to a lower mill rate the Board of Finance approved by unanimous vote.

Westport property owners will pay less taxes due to a lower mill rate the Board of Finance approved by unanimous vote.

Photo Credit: Vanessa Inzitari

The tax rate reduces the present 18.09 mills to 16.86, a 6.8 percent reduction, a result of less spending in the 2016-17 budget and increased property values in the previous year's revaluation in Westport, said the Westport News.

Next year's town budget is $204.5 million, an increase of 0.98 percent from the current one, according to the Westport News.

Click here to see the Westport News story.

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