Seeking to help struggling Vineyard Haven businesses, selectmen voted unanimously on Monday to shift the town’s tax burden away from commercial property owners. But a sharp drop in taxes for businesses will mean a slight uptick for resident and non-resident homeowners alike.
The action, taken at a special meeting following a public hearing on the matter, was intended to give an encouraging economic signal to current Tisbury business owners and make the town more attractive for prospective new businesses.