The estimated annual impact of the debt exclusion is $1.01 per $1,000 of assessed property value. It is estimated that the annual impact of the debt exclusion on the FY 2023 average single family residence in Amherst, valued at $446,953, is $451 ($446,953 / $1,000 X $1.01). These estimates are based on current economic conditions and are, of course, subject to change if economic conditions, such as interest rates, change.
NOTE: The estimated impact above is for a property assessed at $446,953. Properties with lower assessed value will see a lower impact while properties with a higher assessed value will see a higher impact. Please use the tool above to find your specific property.