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11/25/1996 BOARD OF SELECTMEN Minutes
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11/25/1996 BOARD OF SELECTMEN Minutes
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Mashpee_Meeting Documents
Board
BOARD OF SELECTMEN
Meeting Document Type
Minutes
Meeting Date
11/25/1996
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• 5 <br /> A <br /> Mashpee Fiscal 1997 <br /> Unclassified tax rate $14.27 <br /> At a 14.27 tax rate Commercial/industrial pays 10.77% <br /> of Mashpee's taxes. By law that share can be-increased by 50% <br /> to 16.15% which would drop the residential share for the levy <br /> from 89.23%to 83.85 %. <br /> le of the full shift In tax burden is illustrated below. <br /> An example . <br /> Assuming the full 150% increase for CMIJIND <br /> The tax results would be as follows. <br /> Original New New <br /> Sample Rate Residential CMIJIND <br /> Assessment 14.27 13.40 21.41 <br /> 75000 1070.25 1005.00 1005.75 <br /> 100004 1427,00 1340.00 2141.00 <br /> 150000 2140.50 2010.00 3211.50 <br /> 200000 2854.00 2680.00 4282.00 <br /> 150000 2140.50 2010.00 3211.50 <br /> 300000 4281.00 4020.00 6423.00 <br /> 350000 4994.50 4690.00 7493.50 <br />
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