Sunday, November 23, 2008

Split Rate/Tax Classification Workshop Schedule

At our November 18th Council meeting, we received the annual tax classification measure from the Mayor.

We will take up this measure at the December 2nd Finance Committee meeting, with a special Tax Classification Workshop to precede the meeting.

The workshop is at 7:00 p.m. and the Committee meeting at 8:00 p.m. I encourage all who have an interest in this matter to attend both the workshop and the committee meeting.

Amesbury's tax rate is currently divided, with residents and commercial/industrial tax payers paying different rates. Commercial/industrial properties are taxed at a rate 15% higher than residential properties. As you may already know, I have opposed raising commercial and industrial property taxes. Here is the agenda:

Finance Committee Agenda
Tuesday, December 2, 2008
Town Hall Auditorium
7:00 PM

Roll Call

Classification workshop

Public Hearings:
2008-095 An Order to request the Municipal Council vote to hold the annual Classification hearing to vote on four (4) separate items in order to establish the tax burdens for each class of property.

2008-096 An Order to request the Municipal Council vote to increase the exemption amount of qualified applicants.

2008-100 A request that the Municipal Council vote to declare as surplus a municipal vehicle belonging to the Department of Public Works.

Adjourn


UPDATE: CLICK HERE to read the Annual Tax Classification Report produced by the Assessor's Office.

As many of you might already know, I strongly opposed the 2006 and 2007 Council decisions to split the property tax rates and raise taxes on commercial and industrial properties. I will be reviewing the information provided by the Assessor and remain inclined to bring Amesbury back towards a single tax rate for all properties.