12/3/1991 BOARD OF SELECTMEN Minutes

Home Browse Search

k i Fry 1 BOARD OF SELECTMEN MINUTES TUESDAY, BcMBR 3 , 1991 Present : Selectman Han on t Selectman Lawrence, Selectman ca fyn Executive Secretary Kevin J. Harrington Absent: Selectman Jacobson Guests : ]favid Bailey, Leslie Greig, Kenneth Porter, Bill Meterios The Meeting was Called to order by Selectman Hanson at 7: 30 a .m. PUBLIC FEARING: The purpose of this public hearing on this date informs Selectman Hanson is f-or public comments on the allocation of the tax levy by classification of property. The purpose is to solicit public comments on whether each classification f property should have a .dif erent rate or same rate for all classifications. Selectman Hanson noted he has talked with Selectman Jacobson in Florida and she is in agreement to hold this meeting at this particular date and time. This is the only item for discussion in this mornings meeting states Selectman Hanson. There is a definite difference in commercial vs . residential property suggests M . Meterios . commercial property generates income and the taxes are passed along to the consumer. There are differences in real estate such as water front vs. non-water front property causing no real problems, Ir. Meterios feels there are better ways to generate tax income than place the burden on the residential taxpayer. tax shift increases commercial property by a tremendous amount and gives a limited benefit to residential property explains Mr, Bailey. It is up to the Board of whether the benefit is worth it to the commercial property . Most commercial property is owned by small businesses with the exception of Au at states Mr. Bailey. There is no great advant- age dva t- a e to split the tax rate -for Mashpee . The consumer ends up paying the taxes . Commercial , industrial and personal property occupy 10% of the total evaluation and residential occupies 90% informs Mr. Bailey. Selectman cafyn suggests to prepare earlier next year with prior review by the Board and Board of Assessors. It is inadvised to shift at this point when we are looking for people to come into i town. This wound discourage thea. Selectman caffyn recommends to meet with the Board of Assessors to discuss the present rate of commercial , industrial and personal property vs. the rate of the 'individual homeowner. Mr, Greig agrees with Selectman caffern. There should be hard look at commercial/industrial and undeveloped property. This could benefit the homeowner. If the town is to encourage light industry, the tax incentives should be viewed on a case by case basis states Mr, Meterios .