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IV . TAX RATE <br /> The following economic problems confront us for the upcoming Town Meeting: <br /> The following assumptions are made: <br /> 1 . Town Meeting will vote the same articles in the same dollar amounts as <br /> the last Town Meeting. <br /> 2. That all receipts and disbursements (Cherry Sheet) from the State and <br /> County will remain the same and Federal Revenue Sharing will continue. <br /> 3. That there will be little or no increase in total valuation. <br /> The following tax increase would result: <br /> 1 . If school expense budget remains constant but Personal <br /> Services increases same as last Town Meeting ($681 ,000) $2.70 <br /> 2. If Town expenses budget remains constant but Personal l 20 <br /> Services increases same $311 ,000 <br /> 3. If $800,000 bond issue floated before 6/30/76 for 5 years .40 <br /> @ 44% (net increase in debt service $95,000) <br /> * 4. No E & D to use to reduce tax rate - $1 .4 million used 5.50 <br /> in 1976 Town Meeting <br /> Possible tax increase $9.80 <br /> *Hopefully this is a one time occurrence. <br /> R. M. Perry <br /> 9/27/76 <br />