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Chairman, <br /> Mashpee Commons Committee <br /> Town of Mashpee �J <br /> 16 Great Neck Rd., No. <br /> Mashpee, MA 02649 July 22, 1998 <br /> Re: Tischler and Associates, Inc.-Cherry Sheet Analysis <br /> Dear Selectman Marsters and Committee Members, <br /> I have reviewed the subject analysis, based upon my understanding of the <br /> derivation of the State's numbers. It is my belief, supported by the"Cherry Sheet <br /> ManJ <br /> Manual", that there is no justification for utilizing"Equivalent Year-round Population" <br /> ulation" <br /> (EYP) as a proration factor. I further believe that many items identified as operating <br /> revenues are in actuality losses. The Manual is available on-line and should be utilized to <br /> establish factual data. <br /> Resolution Aid went down by a slight amount from FY 97 to FY 98 in direct <br /> conflict with Tickler's assertion that it can be ratioed to EYP. The addition of property <br /> value and higher local receipts to the town increases the town's required contribution to <br /> the school costs. Additionally, when the adjusted (by income)value of the town is higher <br /> than 95 % of the state average, overburden aid drops and goes to zero (0) at the 120 % <br /> point. <br /> Reimbursements for State Wards and Transportation are not related to EYP. <br /> Tuition reimbursement is a partial pay-back of some actual costs for education of children <br /> under DSS supervision. Transportation is a percentage of actual costs for students living <br /> more than 1 1/2 miles from school- <br /> Lottery ottery and Other Aid again is not a factor of EYP. Lottery aid is the previous <br /> year's payment (as a fixed amount) plus an amount that goes up with actual population <br /> and down with equalized valuation growth. Benefits are simply 75 % of actual cost. <br /> Exemptions are a partial payment for a portion of the tax levy that is forgiven by state law <br /> and can not be collected by the town. <br /> Cherry Sheet Assessments are mostly County Tax, Mosquito Control and <br /> Regional Transit. The first two (85 % of total) are a function of valuation. Regional <br /> Transit is a percent of actual net cost. <br /> Thank you for consideration of my comments. <br /> Sincerely, <br /> Edward A. Baker <br /> 197 Captains Row <br />