| Bridgewater and Raynham will be paying more in FY2006 to Bridgewater-Raynham March 11, 2005 |
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| March 11, Bridgewater and Raynham will be paying more in FY2006 to Bridgewater-Raynham
Without even considering the large request from the B-R Schools, both town would be paying additional funds in FY2006 vs. FY2005. fy2005 fy2006 Bridgewater Net Minimum $12,677,614 $13,414,890 set by state Transportation 885,086 1,154,282 Bldg/Mod Lease 265,720 159,180 $13,830,425 $14,730,358 Capital debt 201,970 1,125,335 approved projects Raynham Net Minimum $7,969,190 $8,470,075 set by state Transportation 480,787 657,778 Bldg/Mod Lease 49,280 50,820 $8,499,257 $9,178,673 Capital Debt 286,965 715,769 approved projects Note that for FY2005, Bridgewater voted through Town Meeting to fund the Bldg/Mod Lease via a request for funds from a Capital Account. At this time, it is unclear if this approach will ultimately be successful, or if it would be tried for FY2006. Capital Debt is the cost for approved school projects, voted by the voters (examples: new High School, Williams re-construction, new Raynham Middle, etc..). These shown costs, NET of State Reimbursement, do not need to be included in Spring 2005 Town Meeting vote on funding. These will be separately figured into next year's tax bills by the respective Town Tax Treasurer/Collectors. For Bridgewater taxpayers (who are seeing the largest increase in this line item), your property tax bill will increase by about 4.2% for this line item. |
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