According to annual town report of 2015, Templeton Assessors: $1 on tax rate raises $552,836.00.
Debt calculator on DLS website shows 24 million for 28 years at 3.5%, those are the numbers given at the special town meeting for the new school. The calculator shows a yearly payment of $1,358,463 or 38 million for total payback with 14 million in interest only. So how is the then stated $1.74 on the tax rate going to make that happen? According to the Assessors information, $2.00 on the tax rate raises $1,105,672.00, so where will the other 200 thousand come from? Was that some more Templeton creative math from selectmen? Selectmen serve on that committee too?
posted by Jeff Bennett
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