Regarding the Cape district’s upcoming referendum on raising the school tax rate to fund building and other expenses, I have not heard much about the district-wide property tax reassessment now underway. How can the district expect taxpayers to approve a tax rate increase when the assessed valuation to which that rate will be applied is not yet known? Where is all the new school tax revenue going that is being generated by the rampant development occurring in the district with most of those new properties occupied by retirees not having any school-aged children living there? Until the new assessed value used to calculate the actual amount of school tax that will be owed is set, the appropriate school tax rate cannot be determined. I’ll be voting no on the referendum until I know what my new assessment will be.
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