1:33:17
Families are starting to leave and this is causing some enrollment issues as well. And I think that it always comes back to like we are going to be at a loss address trying to address the affordability crisis through our tax rate.
15:17
Okay. What are we talking about? That's the one we're waiting for right now. Waiting for Okay. Yeah. All right. My my concern, the reason I I brought it up was in the context of setting a tax rate.
1:52:56
So, he is trying to, he is working to keep up with the market and making adjustments. The adjustments he made were kind of across the board so that they don't affect anyone in particular, but it did mean that the tax rate could be lower than anticipated,…
1:36:37
Yep. Um, it's a public financing method that captures the future increase in property tax revenues from a designated district to fund current redevelopment or infrastructure or community improvement.
10:18
There was a little mix up at the printer, so they went out late. We got a tax rate currently of 1149. And due to the lateness coming out, we've worked with the tax collector.
4:08
If the board chose to just remove $200,000 from the UNDES, the tax rate would go up about 65 cents, leaving the increases of $81.75 for a $150,000 home, $146.25 for a $250,000 home, or a increase of $211 for a person with a $350,000 home.
51:13
Just out of curiosity, you take all the tax property tax revenue collected. I don't know the number off the top of my head, but it's probably a couple million.
36:13
I don't know. Lincoln told me he started baseball, it's directed toward Union, but I think it's a state It would have to be the note that I got with it is the petition is asking the town of union to explore property tax relief options for seniors, retirees, and long-time…
28:39
Sure. So, we determine our average sales ratio. Let's say it's 91% for the sake of argument. And then we get a a sale in that sample sells for 100% of our assessed value.
33:12
Kind of similar to what some of the property tax relief they've talked about in, in the state is looking at when you get to a point a certain age, that stays and doesn't increase.
51:51
Our revenue comes in over, I'll say, three or four months period. So we have, we have no revenue, I mean, we have exercise sets. But our property tax revenues, we don't get any property tax revenues until our tax and say June, and we start getting tax rid of them, and then the tax bill becomes…
59:43
There's not a lot in some cases in a couple of cases. A couple of towns. Well, we can't commend it in terms of the county tax rate on the communications.