'21 Moultonborough Tax Rate Delay

[tummyman]

Originally Posted by longislander

The select board vote was to go with 6.98 total tax rate for Moultonborough.
Last year was 7.13 total.

Yes, but one member of the BOS....Ms. Beadle....was entrenched in not using a larger portion of the EXCESS unassigned fund balance that is at a 17+% rate vs. the BOS target of 12.5% to offset the increase in tax rate and voted to abstain from the final vote. Bottom line, she was OK raising your taxes with a flat year over year tax rate and keeping excess money way over the board target in the town rainy day "bank" account instead of returning more of it to taxpayers when there was a significant increase in assessed valuations. At least the remaining four board members did the correct thing for taxpayers. Congratulations to Selectman McGee for putting up a fight to get a lower rate for taxpayers.