Town Adopts Tax Rates for 2026

December 4, 2025
• The Select Board heard concerns from the Board of Assessors and businesses at its November Tax classification hearing.

As the town prepared to dive deep into the planning process for Fiscal Year 2027, one of the most vital decisions on the 2026 budget took center stage at the Nov. 25 Select Board meeting. The tax classification public hearing allowed the Board of Assessors to recommend how revenues be collected from commercial and residential properties for the current year. The state allows towns to place more tax obligations on businesses to lessen the impact of rising costs on homeowners, but the fear is that the practice is beginning to take its toll on Needham’s smaller companies, landlords and tenants.

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