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Ludlow presents three tax rate options on first reading
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Ludlow presents three tax rate options on first reading
At a first reading for property tax rates for fiscal year 2026-27, Ludlow Mayor Sarah Thompson presented three options. How do property taxes work? Property taxes are broken down into several categories. The first and usually largest chunk of your tax bill is real property tax, sometimes referred to as real estate property tax. This is essentially a tax on everything you own that’s nailed down. For residents, this means houses and other real est…
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