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r <br /> 3 <br /> Board of Selectmen <br /> Minutes <br /> July 18, 2005 <br /> APPOINTMENTS AND HEARINGS: <br /> Auditors—Sullivan, Rogers& Company—Exit Interview: (continued) <br /> Included in the auditors' report was a detailed overview on federal award <br /> programs which include Special Education (SPED) and the Title I <br /> educational programs. <br /> Recommendations as contained in the report include procedures to <br /> implement to ensure that appropriate supporting documentation is <br /> maintained and program management is aware of all compliance <br /> requirements of its major programs. <br /> The auditors' also recommended that procedures be implemented to <br /> minimize the time elapsing between the receipt and disbursement of grant <br /> funds. <br /> Assessor—Real Estate/Personal Property Tax Bills: <br /> Selectman Cahalane stepped down for the above referenced agenda topic. <br /> John Duffy, Director of Assessing was present to recommend the <br /> Selectmen establish a minimum tax bill for personal property accounts. <br /> Pursuant to MGL, Chapter 59 and 60, it is the responsibility of the Town <br /> of Mashpee's Board of Assessors to determine a minimum real and <br /> personal property tax bill. The Department of Revenue (DOR)requires <br /> final review of the recommended minimum tax by the Board of <br /> Selectmen. <br /> The Board of Assessors recommended the Selectmen agree to setting a <br /> minimum real estate tax bill less than or equal to $25.00 for <br /> commercial/industrial/residential accounts, and set a minimum personal <br /> property tax bill less than or equal to $25.00 for commercial/industrial and <br /> $10.00 for residential/second homes. <br /> The revenue lost, $5672 would be offset by approximately $12,305 in <br /> decreased processing and postage costs. <br />