Laserfiche WebLink
Senior Center Funding Analysis <br /> Cost <br /> Design ---------------------- $190,000 Funded 10-01 <br /> Construction <br /> $1.50000 Commitment at the May Town Meeting <br /> And Town Election required for the <br /> Grant <br /> $6001000 Block Grant — Request to be submitted <br /> August 1902 — Anticipated Award <br /> Feb. 03 <br /> $21100,000 Total <br /> Cost Impact to Town <br /> Debt Exemption of $1,500,000 <br /> Tax Rate Impact <br /> $1,500,000 to be paid back over <br /> 20-year period. <br /> Tax Rate Payback <br /> Year 1----- $0.0562 per $1000 Valuation <br /> Or $5.62 for a home valued <br /> At $1007000 <br /> Year 20 -- $0.0295 per $1000 Valuation <br /> Or $2.95 for a home valued <br /> At $100,000 <br /> Zero Inyears following. <br />