Letter: Another argument for Kennebunkport revaluation (Printed Nov. 2, 2007)
Editor:
Those against revaluation have come up with yet another argument: it’s a waste of $300,000 of taxpayer’s money that could be spent on other things. Well, that money is part of a rainy day fund of more than $3,500,000 that the current and past boards of selectmen have accumulated over the years (with the approval of the voters) to be spent on emergencies or special needs. It belongs to us, but we just can’t spend it willy-nilly, nor can the selectmen. We’re not voting next week about whether there should be a revaluation; we’re voting on whether we should pay the money for that process.
Just how much will the revaluation cost each of us? If your home is currently assessed at $200,000, your “share” of the $300,000 is $85. So the question you should ask yourself in that circumstance is: Do I want to spend $85 one time in order to save hundreds of dollars year after year by having my taxes go down? And, of course, that $85 isn’t out of your pocket now. You’ve already paid for it in past years. Again, it’s a no brainer to vote YES on Question 2 on Nov. 6.
Lots of unbiased information is available in the “Kennebunkport Town Review” which residents received earlier this month. Also, if you can’t come to the polls and need an absentee ballot, just call 967-4243, ext. 110.
Ted Baker
Kennebunkport
Those against revaluation have come up with yet another argument: it’s a waste of $300,000 of taxpayer’s money that could be spent on other things. Well, that money is part of a rainy day fund of more than $3,500,000 that the current and past boards of selectmen have accumulated over the years (with the approval of the voters) to be spent on emergencies or special needs. It belongs to us, but we just can’t spend it willy-nilly, nor can the selectmen. We’re not voting next week about whether there should be a revaluation; we’re voting on whether we should pay the money for that process.
Just how much will the revaluation cost each of us? If your home is currently assessed at $200,000, your “share” of the $300,000 is $85. So the question you should ask yourself in that circumstance is: Do I want to spend $85 one time in order to save hundreds of dollars year after year by having my taxes go down? And, of course, that $85 isn’t out of your pocket now. You’ve already paid for it in past years. Again, it’s a no brainer to vote YES on Question 2 on Nov. 6.
Lots of unbiased information is available in the “Kennebunkport Town Review” which residents received earlier this month. Also, if you can’t come to the polls and need an absentee ballot, just call 967-4243, ext. 110.
Ted Baker
Kennebunkport



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