Quote:
Originally Posted by Little Bear
You can replace "Meredith" with "Tuftonboro" in the potential Union Leader headline. Not sure what the total Tuftonboro islander contribution is to the overall tax revenues, but the net benefit to the islanders is basically zero. I suppose you could also replace "Meredith" with "Alton", Gilford", "Moultonborough" or "Wolfeboro", because islanders in general get little to no benefit for the taxes that they pay.
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Well if you actually replaced Meredith with Moultonborough you would save half of the taxes as the tax rate in Moultonborough is roughly 1/2 the rate in Meredith. I am sure Moultonborough would not mind a 900K increase in revenue without $1 increase in expenses. However, Meredith would have a 900K decrease in municipal and school revenue they would have to make up with tax increases to the remaining properties. Island property owners would loose nothing as Meredith has repeatedly taken the stance that they can not control who uses the few town owned facilities available to island property owners.