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1 <br /> Board of Selectmen <br /> Minutes <br /> November 1 , 2014 <br /> Al PfNT ME TS & HEARINGS: <br /> Public Hearing—2015 Tax Rate Classification:_ (continued) <br /> With all of this information, it is the recommendation of the Board of Assessors <br /> that a single tax gate be adopted with no residential exemption and no s call <br /> business exemption. The Board of Assessors considers the commercial classes o <br /> properties to be too small to absorb the burden of a tax rate shift or small <br /> commercial exemption and 1t would have a negative impact on growth. The BOA <br /> also feels that a residential exemption would unfairly shift the tax burden to <br /> homeowners who use the least a.rnount of services and would have adverse effects <br /> on Mashpee' housing market. <br /> Mr. Streebel 1nd1cated the single tax rate is $9.11 per$1,0 00 valuation which is <br /> down $0.09 from last year's tax rate. The average tax bill for a single family <br /> borne assessed at$460,974 will increase by $98. Last year, the increase was <br /> $130. It was noted that overall, the value of hones have increase by <br /> approximately 4%from last year. <br /> Motion made by Selectman Richardson to move that the Town of Mashpee <br /> adopt a tax rate Factor of"I" for all classes of property with no discount for <br /> Open Space, no Residential Exemption and no Small Commercial <br /> Exemption. <br /> Motion seconded by Selectman Sherman. <br /> VOTE: -1. Motion carries. <br /> Roll Call vote: <br /> Selectman Taylor,yes Selectman Richardson,yes <br /> Selectman Sherman,yes Selectman Cahalane,yes <br /> Selectman Gottlieb, no opposed, 1 <br /> Selectman Gottlieb disclosed that he favors the residential exempticin. <br />