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Excise
Tax
The following fees are in effect and will be
updated for inflation each November.
Residential Construction
$4,000 for each new single-family dwelling
$3,200 for each new attached dwelling (town homes and condominiums)
$2,900 for each new apartment dwelling
Non-residential
(Commercial) Construction
$0.30 per square foot
Excise
Tax is paid by the builder at the time a building permit is issued
for a new residence or commercial structure. The fees are used
to pay for capital projects, such as street improvements or parks
that are needed to provide the facilities for the new residents
moving into the Town. The fees are only used for capital items
and not to fund regular operations.
An
annual increase in this Excise Tax based upon the rate of inflation
is put into place each year on Nov. 1.
For
more information on excise tax, please email
us.
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