What is a Yield Tax, Land Use Change Tax and Excavation/Gravel Tax?

A timber yield tax is assessed within 30 days after receipt of a report of wood or timber cut is filed with the Board of Selectmen. A land use change tax shall be due at the time of the change in use of property in the current use program. An excavation gravel tax is also assessed within 30 days after a report of excavated material is filed with the Board of Selectmen. After assessments are completed by the Board of Selectmen, the appropriate Warrant is forwarded to the Tax Collector for billing. A bill is mailed and is due and payable within 30 days after the mailing of the bill. If the bill is not paid within 30 days, interest shalll be charged at the rate of 18% per annum. Any bill not paid is also subject to the same proceedings as outlined in the Tax Lien and Deed Process.

For specific details on how these taxes are assessed, please contact the Selectmen Office.