• Impulse wellesley

Fun with math: Tax calculator lets you see how much override will cost you

Screen shot 2014-03-27 at 10.38.24 PMWellesley has put an easy-to-use calculator on its  website to help you figure out how much a $3.3M override of Prop 2.5 will have on your property bill. You just pop in your address and the calculator spits out some numbers. You’ll see it could run you a few hundred to more than $1K depending on your property’s assessed value.

Wellesley already is in the top 10 in the state for highest property tax, but note this is based largely on the fact that the town’s residents have such high property values, not that the tax rate is out of whack.

While supporters of the override acknowledge that voting in favor or it would up your taxes, they also would tell you the cost of voting it down could be even higher — in terms of fewer resources going to education of kids in town. The bulk of the override is for school-related costs, including staffing, full-day kindergarten and technology.

Town Meeting will tackle the subject starting next week.

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