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Showing posts from February, 2025

Charter Commission proposes 7% budget cap, a fix that won't solve the problem

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Charter Revision Commission. Budget limit debate on YouTube video starts at about 1:24:00 The Charter Revision Commission (CRC) approved a budget referendum, but only if officials proposed a budget that exceeded a 7% increase. If the budget fails in the referendum, it would automatically cap at 7%. By forcing a referendum on any budget exceeding 7%, the CRC proposal effectively imposes a budget cap. While this might sound like a way to control taxes, it overlooks a fundamental issue: property tax rates fluctuate due to factors outside the town’s control. The 2023 budget year proves this point: even with a 5.4% budget increase, homeowners saw their tax bills jump by 8-9%. The increase in taxes wasn't entirely due to spending—it happened because property taxes are affected by multiple conditions. A budget cap wouldn't have prevented these increases. Enfield's problem is revenue. Property taxes must make up the difference when other revenue sources decline—whether state aid, ...

Charter Commission proposes 7% budget cap, a fix that won't solve the problem

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Charter Revision Commission. Budget limit debate on YouTube video starts at about 1:24:00 The Charter Revision Commission (CRC) approved a budget referendum, but only if officials proposed a budget that exceeded a 7% increase. If the budget fails in the referendum, it would automatically cap at 7%. By forcing a referendum on any budget exceeding 7%, the CRC proposal effectively imposes a budget cap. While this might sound like a way to control taxes, it overlooks a fundamental issue: property tax rates fluctuate due to factors outside the town’s control. The 2023 budget year proves this point: even with a 5.4% budget increase, homeowners saw their tax bills jump by 8-9%. The increase in taxes wasn't entirely due to spending—it happened because property taxes are affected by multiple conditions. A budget cap wouldn't have prevented these increases. Enfield's problem is revenue. Property taxes must make up the difference when other revenue sources decline—whether state aid, ...