View Single Post
Old 08-30-2010, 06:31 AM   #49
Lakegeezer
Senior Member
 
Join Date: Feb 2003
Location: Moultonboro, NH
Posts: 1,657
Blog Entries: 1
Thanks: 342
Thanked 618 Times in 278 Posts
Default Wait until 2011

The law is clear, but in Moultonborough, it creates some special problems. First, something like 70% of the property valuation is shoreline property and less (probably well less) than 20% of the voters live on the lake. This means a large majority of the tax revenue comes from nonvoters.

The second problem is that of the voting 20% that do live on the lake, many (maybe half) are in Florida during the town meeting in March, where there is no absentee balloting. There is a lopsided balance between funders and spenders. Many issues are decided by voters who are also town employees, because they show up in sufficient numbers to swing the vote their way.

For the most part, Moultonborough is a conservatively fiscal town, but the state has designated it a “donor town” in 2011, to provide schooling welfare funds to poorer towns. The new donor tax alone will be about $1.25 per thousand in 2011, or a $1250 increase for a million dollar home. Ouch!

The recent controversy is boiling because an appraisal firm from Mass raised the valuation of most shoreline properties this year, while decreasing many non-shoreline ones. Their justification was not compelling and the process was not transparent. The law makes the tax situation unbalanced as it is. It appears as if non-voters are being taken advantage of, and are upset there is no apparent recourse, other than to suck it up.
__________________
-lg
Lakegeezer is offline  
The Following User Says Thank You to Lakegeezer For This Useful Post: