Property Tax Cap Survey
Please assist us in determining our members' views and plans regarding the property tax cap. There is a space at the end to share any additional thoughts and your email if you would like to be involved in our future work on this issue.
1.
Does your town plan to override the tax cap for this upcoming fiscal year?
Yes
No
2.
Has your town ever overridden the tax cap in a previous year?
Yes
No
3.
What is your typical levy increase?
4.
What is your typical annual salary increase (percentage)?
5.
What change to the tax cap formula would be most helpful? Please check up to three.
Making it a true 2 percent cap rather than it be subject to economic fluctuations beyond control.
Allow local governments to exclude infrastructure/capital project costs from their tax cap calculation, which is an exclusion school districts already enjoy.
Include growth from PILOT and tax-exempt properties in towns' tax cap calculations.
Remove the transfer of function penalty in the current tax cap formula to incentivize shared services.
Exclude the costs associated with special improvement districts from the town's tax cap calculation.
6.
Do you have any other thoughts you'd like to share about the property tax cap?
7.
Please share your email address with us for future engagement and input on this topic.
