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Franklin, MA 2011 Tax Rate Information

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Franklin Matters
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Information to prepare for the tax rate hearing to be held at the Town Council meeting, Dec 8, 2010.

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Franklin, MA Fiscal Year 2011 Tax Information From the Board of Assessors information package for 12/08/10 Town Council Meeting and MA Gov DOR website Prepared by Steve Sherlock FranklinMAtters.blogspot.com/
How do we calculate the tax rate?
14.21% at 1997 8.86% at 2007
 
14.21% at 1997 8.86% at 2007
Residential vs. Commercial/Industrial Mix over the years 1988 – high point for Residential at 82.12%; 1993 - low point at 77.04%
 
To reduce the residential rate by $1, the commercial/industrial folks would see an increase of $4. A split tax will not do anything to resolve Franklin’s problems. A split tax will only shift a share of the pie from one group of taxpayers to another. Franklin needs to GROW the pie!
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Franklin, MA 2011 Tax Rate Information

  • 1. Franklin, MA Fiscal Year 2011 Tax Information From the Board of Assessors information package for 12/08/10 Town Council Meeting and MA Gov DOR website Prepared by Steve Sherlock FranklinMAtters.blogspot.com/
  • 2. How do we calculate the tax rate?
  • 3. 14.21% at 1997 8.86% at 2007
  • 4.  
  • 5. 14.21% at 1997 8.86% at 2007
  • 6. Residential vs. Commercial/Industrial Mix over the years 1988 – high point for Residential at 82.12%; 1993 - low point at 77.04%
  • 7.  
  • 8. To reduce the residential rate by $1, the commercial/industrial folks would see an increase of $4. A split tax will not do anything to resolve Franklin’s problems. A split tax will only shift a share of the pie from one group of taxpayers to another. Franklin needs to GROW the pie!
  • 9.
  • 10.
  • 12.