Right
Yes, my rate is the same as yours, but our house just was re-evaluated for a lot more than we could sell it for today. I think we both agree that without the non-resident money, each town would have a good deal less income to balance their budget with. True, there are things in your budget that are not in a normal budget, but much of the lakeshore towns' employment and businesses are geared toward tourism. Take that away, as well as the non-resident vacation homeowner taxes and what do you have left? It also would be interesting to see how much the town spends to support the summer visitors vs how much is spent in the school budget. In our town the school budget is over 70% of the total budget, and our per student expenditure (2008 data) is more than $17,000. So what I am trying to say is that because the lakeshore towns have a fairly large contribution in taxes from the non-resident population who do not add students to the education budget, you may be more ahead than you think.
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