12/16/2013 BOARD OF SELECTMEN Minutes

Home Browse Search

6 F Board of Selectmen Minutes December 16, 201 APP WTMENTS &HEARINGS: Public Hearing for 2014 Tax rate Classification: The Board of Selectrnen opened the Public Hearm* g continued from December 2, 2013 on whether the Town of Mashpee should implement the Classification Acct. At the Hearing,the fiscal year 2014 residential factor, which Will&termi a the share of taxes each classification of property will pay, what will be the open space factor and whether there will be a residential exemption and/or a small business exemption would be heard. The Nearing is held after the Assessors have determined final values and classified all properties, and reported this information to the Department of Revenue. After reviewing the data, the Board of Assessors recommends that single tax rate be adopted with no residential exemption' and no small business exemption. Y The decision was based on the consideration the co mercial classes of properties to be too small to absorb the burden of a tax rate shift or small commercial exemption and it would have a negative impact on growth. A residential exemption would unfairly shift the tax burden to homeowners who use the least amount of services and would also adversely affect the housing Market. Jason Stre�ebel,Director f Assessing was attendance to discuss the classification of all real property with members of the Board of Selectmen. Mr. Str ebel indicated the FYI 4 single tax rate is $9.20 per 1,000 valuation, This represents an approximate $24 increase per median hone. In fiscal year 201 3,,the single tax rate was $9.09 per$1,000 valuation. Being no further comment, the Board motioned to close the Public Dearing. Notion made by Selectman Taylor to close the Public Hearing. Motion seconded by Selectman Sherman. VOTE: Unanimous. 5-0. Roll Call vote: Selectman Cahalane,yes Selectman Richardson,yes Selectman O'Hara,yes Selectman Taylor,yes Selectman Sherman,yes opposed, none