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'Sense' update

I’m really not 55 percent in the head; last week’s letter suggesting a property tax increase to transfer public safety costs from sales tax without a financial offset will never fly.

Unfortunately, there wasn’t enough ink to print the balance of last week’s letter.

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'Sense' update

Posted

I’m really not 55 percent in the head; last week’s letter suggesting a property tax increase to transfer public safety costs from sales tax without a financial offset will never fly.

Unfortunately, there wasn’t enough ink to print the balance of last week’s letter.

The nearly $7 million public safety budget transfer would trigger a 1 percent reduction in the town sales tax and the elimination of the entire grocery food tax.

Dependable additional revenue from this strategy would serve to increase the town’s bonding ability at a more favorable rate; 50 percent of the cost to full-time residents would be offset by the participation of investor, part-time and commercial property owners.

That’s the kind of “Other People’s Money” that is not punitive and affords value for service to everyone.

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