May 9, 2007
Bridgewater's Annual Town Meeting ended on the second day (last night, 5/8) at about 11pm. This set the stage for the Bridgewater Selectmen to have a meeting this morning at 9am. They voted to call for a Special Election in Bridgewater to fund the Contingency Budget. The election to be held on Saturday June 16, 7am - 8pm, at the B-R High School.
The Proposition 2 1/2 over-ride ballot question would add $2,871,093 to the overall real estate and personal property taxes in town.
General Government to receive $352,527; Public Safety to receive $253,650; Schools (B-R essentially) to receive $1,495,164; Public Works $218,790; Health & Human Services $85,070; Culture and Recreation $50,642; Other ($400k to fully fund insurance) $415,250.
{Click here to download a quick budget group breakdown} Interestingly, some functional budget groups are slated to receive disproportionate (to overall budget) shares of the Contingent Budget: General Government with 4.3% of operations projected with 12.3% of contingency, Public Safety with 16.9% vs. 8.8% of Contingency, Public Works at 2.4% vs. 7.6% of Contingency. However, Education currently at 55.4% of budget to receive 52.1% of Contingency.
I am not aware of an official document from the Town Assessors on the impact of a $2,871,093 over-ride. However, my calculations point to a tax effect of $103.70 per 100k house assessment, or $407.44 to the average (FY2007 single family) $392,919 house assessment.
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Joseph Gillis Jr.
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