At a recent meeting of the Clifton Selectboard held on Wednesday July 22, 2009, the board set the mill rate or tax rate for the year. Last years mill rate was $10.70 per thousand of value. This year the rate will be $11.10, an increase of .40 cents per thousand. As long as the evalution stays the same on your property, this would be the figure. $40 per $100,000 of value increase. There are some big jumps that caused this increase, two of which are the county tax and school budget which the board has no control over. Our share of the school budget is $548,000 for 158 children, which comes to $3468 per child. This is not a true figure for those attempting to understand the budget - the budget is much higher, but the SAD receives funding from other sources, just at the town's due. For a town it could be vehicle excise tax, for the SAD it could come from the State or grants. A true picture of the budget is to take the final budget and divide by the total number of students. Most of this can be found on eddingtonnews.blogspot.com, Rusty wrote a great article explaining this.
Also my hat is off to the folks in Eddington, what a great web site and newsletter, way to keep people informed.
