Passage of SB 539-Donor Towns

phoenix · 04-18-2008, 04:29 PM

gov said he would veto any bill with donor towns

Long Island Baba · 04-27-2008, 10:23 PM

Let's say it goes through. Simple math.

The last town doc I have shows the Total Property Tax Commitment at $20M

Donor Town potential impact at $3.7Mil would increase the $20M by 19%.

So, figure a 20% increase in your property tax bill should be a good sizing.

Tax rate of $6.99 then goes to $8.40 or another $1.40 per thousand.

phoenix · 04-28-2008, 05:22 AM

whole system makes no sense. laconia found out it might get 3M more and instead of looking at education they want to repair an old opera house . Highest income towns like Amherst get more money . Governor should keep his word and veto

phoenix · 04-30-2008, 05:47 AM

latest vote in House finance committee would delay any donor town requirement until 2010- that is wait until next legislative session to decide

tis · 04-30-2008, 06:28 AM

I sure hope they get rid of that!!!!! At least it is delayed.

phoenix · 05-09-2008, 09:28 AM

looks like the donor town concept was stripped from the bills approved yesterday by the house and senate

04-18-2008, 04:29 PM	#1
phoenix Senior Member Join Date: Apr 2004 Location: phoenix and moultonboro Posts: 1,551 Thanks: 60 Thanked 275 Times in 193 Posts	gov said he would veto any bill with donor towns __________________ it's tough to make predictions specially about the future

04-27-2008, 10:23 PM	#2
Long Island Baba Senior Member Join Date: Apr 2006 Posts: 78 Thanks: 1 Thanked 14 Times in 11 Posts	Donor Tax Impact to Mboro Let's say it goes through. Simple math. The last town doc I have shows the Total Property Tax Commitment at $20M Donor Town potential impact at $3.7Mil would increase the $20M by 19%. So, figure a 20% increase in your property tax bill should be a good sizing. Tax rate of $6.99 then goes to $8.40 or another $1.40 per thousand.

04-28-2008, 05:22 AM	#3
phoenix Senior Member Join Date: Apr 2004 Location: phoenix and moultonboro Posts: 1,551 Thanks: 60 Thanked 275 Times in 193 Posts	whole system makes no sense. laconia found out it might get 3M more and instead of looking at education they want to repair an old opera house . Highest income towns like Amherst get more money . Governor should keep his word and veto __________________ it's tough to make predictions specially about the future

04-30-2008, 05:47 AM	#4
phoenix Senior Member Join Date: Apr 2004 Location: phoenix and moultonboro Posts: 1,551 Thanks: 60 Thanked 275 Times in 193 Posts	latest vote in House finance committee would delay any donor town requirement until 2010- that is wait until next legislative session to decide __________________ it's tough to make predictions specially about the future

05-09-2008, 09:28 AM	#6
phoenix Senior Member Join Date: Apr 2004 Location: phoenix and moultonboro Posts: 1,551 Thanks: 60 Thanked 275 Times in 193 Posts	looks like the donor town concept was stripped from the bills approved yesterday by the house and senate __________________ it's tough to make predictions specially about the future

04-30-2008, 06:28 AM	#5
tis Senior Member Join Date: Jan 2006 Posts: 6,725 Thanks: 752 Thanked 1,457 Times in 1,014 Posts	I sure hope they get rid of that!!!!! At least it is delayed.