Explanation Needed Before Tax Rate Increases
I am writing in response to the article in the March 20 Bristol Phoenix reporting that the town administrator is seeking a $2 increase in the millage rate. That is a 15.6 percent increase in the millage rate (calculated by dividing the $2 by the old millage rate of $12.80).
I understand that 11 percent of the increase is offset by the 11 percent decrease in the town's real estate valuation. But that still leaves a 4.6 percent increase — why? Mr. Teixeira reports that he is seeking a 1.71 percent increase for the general fund and a 2.25 percent increase for the schools. That is not 4.6 percent. Moreover, I thought the town was limited by state law to 4 percent or less without obtaining a waiver from the state.
If the article is accurate, then Mr. Teixeira needs to do a better job communicating why a 15.6 percent increase in the millage rate is needed and not simply try to pass this off as the result of the statistical revaluation.
23 Tobin Lane