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The value of the HUB does not come into play as town property is not in the total assessment, it is treated as a non-profit devoid of property taxes.
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I agree. I misunderstood your comment. The Hub will become a town asset, but town assets are not taxed.
The town will still need to pay for the building/bond, however through, taxation.
What is the relevance of the $.36/$1000 assessment relative to the $14,512,847 bond, if a bond? Where did the $.36/$1000 come from.
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The bond would not include the operating cost... just the build cost.
.36/1000 x 4,892,023,118 = 1,761,128.32
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The $4,892,023,118 is total valuation. The total Tax effort is $23,355,110