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Originally Posted by Woodsy
Now if you want to talk about deferring a percentage of the property tax, allowing the town to put a tax lien on the property with a balloon payment due when the property is transferred due to death or illness or sold... that might be a workable solution.
Woodsy
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sounds good at first, but the town has immediate expenditures that need to be funded, so if the payments got delayed to a large degree, then that could get unmanageable pretty quickly.
there are two main concepts that have become interwoven in this thread: the fairness of using property value as the means to determine what one owes (versus some other 'town burden' method'), and the issue of representation... The points about school expenditures being of benefit to society as a whole has great validity, and I have no objection to my non-resident tax dollars helping to fund this. I still have a hard time swallowing the reality that the same (non-resident/high-value) recreational properties that fund the bulk town budget are excluded, by design, from participating in the process that determines how the money is spent.
The full-time town residents love this deal, as evidenced by the "sell and go elsewhere, if you don't like it" retorts that turn up every time a thread like this is started. If residents truly believed this situation was in any way unfair, then they would use the voting rights they possess to change the process to allow non-resident representation. I won't hold my breath waiting for that to happen. The fact that is hasn't and likely won't speaks volumes...