Quote:
Originally Posted by longislander
The .036/1000 relates to the building.
The .06/1000 relates to the operating costs ... allegedly.
The combination of the two, if correct, would give the annual cost, presumably for, say a ten year bond etc. (my guess).
The survey states " $0.36/$1000 of town assessed property value"
I did my home assessment and came up with a difference of $196 from my present annual tax and the added cost tax. I then attempted to extrapolate for a total cost to build. I have my number, but will wait till the Dec. 15 select board meeting when the proponents of The Hub are supposed to give an update on the survey. They will probably be asked, outright, what is the cost.There's a reason the absolute value of the cost (present value) is not on the survey.
You may already have, but here is valuations assigned by the NH DRA:
https://www.revenue.nh.gov/mun-prop/...-tax-rates.pdf
You'll note the valuations, total tax rate and total commitment. |
These numbers maker it interesting, and also understandable from the proponents perspective. If a person expects to use the facility regularly, even once/month or two, then $200/year (and presumably $1200 up front) is a no-brainer.
Of course, for those who do not expect to use it periodically, especially if on a fixed income...