Peter Dannenberg sent this message regarding a missing decimal point that makes a very large difference in the figures presented by the Cabot School Board:
Your e-mail (below) states, in part, "increase next year’s homestead property tax rate by approximately 2.0%, resulting in an increase of $2840 for every $100,000 of homestead value;." I think the correct increase is approximately twenty-eight dollars and forty cents per hundred thousand of assessed homestead value, not two thousand, eight hundred and forty dollars. Please advise ASAP.
Thank you,
Peter B.Dannenberg
Certified Government Financial Manager (retired)
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What will the effect of the budget be on the non-residential property tax rate?
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