Thread: Laconia Tax Cap
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Old 09-06-2007, 10:02 AM   #3
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Post Dover Tax Cap

The Dover tax cap proposal is pretty straightforward and based on the Laconia model already in place.

Basically it restricts the City Council from approving a budget (combined school/city) that exceeds the current rate of inflation, averaging around 3% the last few years.

However, if the Council desires it can exceed the cap but would need to garner a 2/3rds vote to overide.

1400 Dover voters signed a petition to get this charter ammendment on the November ballot, many believe, because the past two City Councils have been passing budgets that have been twice the rate of inflation. Needless to say the tax burden associated with the unprecedented spending has alarmed many Dover residents!
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