The levy imposed on real estate in Belmont funds essential municipal services. For example, these funds support public education, maintain local infrastructure like roads and parks, and provide vital community services such as fire and police protection. Understanding how these levies are calculated and administered is crucial for homeowners.
Stable and predictable revenue generated through these real estate levies is vital for a thriving community. Historically, these funds have allowed Belmont to invest in long-term projects that enhance the quality of life for residents. This consistent funding allows for effective urban planning and the development of public amenities, contributing to a robust and resilient local economy.