patching...
Welcome back, Patch Blogger!

Tax Rate

Tuesday, July 24, 2012

Town Council Sets Tax Rate Of $20.14

Members also each spoke briefly about Henry Boezi, their colleague until his death Saturday.

The Town Council voted to set the tax rate for 2012 at $20.14 per $1,000 assessed property value at their meeting Monday night. The budget was set at the Financial Town Meeting June 11, but the tax role had to be certified. The town's budget for 2012 is $50.7 million, an increase of 3.4 percent. The tax rate is significantly higher than last year's – which was $17.49 per $1,000 of assessed value. That reflects lower property values more than higher taxes. The town's recent property revaluation showed an overall decrease in property values of about 10 percent. So, for taxes to remain exactly the same, the rate would still need to be about $2 higher than the 2012 rate. Without revaluation the levy would have been approximately $18.04 per …

Ric Saborio

1:56 pm on Wednesday, July 25, 2012

I recently moved from cranston to EG because I could send my daughter to the public schools here. We lived in a lovely neighborhood in Edgewood, but we had to send our daughter to private school. It became prohibitively expensive to send her to private school for 6th grade becaus the tuition was $12,500. In Cranston, the tax rate is currently $20.26 per $1,000. Add to that the cost of tuition and…   more ›

Tuesday, May 15, 2012

Council Passes $50.6 Million Budget

They vote to estimate tax collections at an unprecedented 99 percent.

The Town Council voted 3-1 Monday night to pass a $50.6 million budget for fiscal year 2013, after a budgetary sleight of hand that increased the revenue line by $400,000. Council President Michael Isaacs and Councilmen Mark Gee and Jeff Cianciolo voted in favor of the budget; Mike Kiernan voted against it. Henry Boezi was absent. What that means for individual taxpayers is not yet clear, since the town has just gone through a revaluation. But Town Manager Bill Sequino did offer an estimate. “An estimated rate, emphasis on estimated,” he said, “is somewhere in the neighborhood of $20.10, $20.20” per $1,000 of new assessed value. In other words, if your house was recently assessed by the town at $400,000, your tax bill for 2013 would be a …

MmkL

11:22 pm on Sunday, May 20, 2012

Elizabeth: I sent a commentary several days ago. It does't appear in the commentary section. Did I make an error in submitting it? Mike Lenihan   more ›

Friday, April 13, 2012

Budget Hearing Draws Few Residents

The Town Manager and School Superintendent outlined their budgets before an audience made up of town department heads, grant recipients, reporters and a half-dozen residents.

The East Greenwich town charter dictates a public hearing be held by April 15 on the budget for the next fiscal year. Someone forgot to tell the residents to care. After counting up town and school elected officials and employees, a few advocates for specific programs and the press, there was only a handful of residents in attendence for Thursday night's required budget hearing. None of them asked questions. "It's very disappointing," said one resident who asked not to be identified. He'd come to hear about the financial picture for next year. While he had questions, it was early in the process, he said. The $50.5 million budget presented Thursday reflects an tax rate increase of 2.8 percent over 2012. At last year's valuation, that would…

Comment_arrow
Patch_comments_icon

Elizabeth McNamara

8:58 pm on Friday, April 13, 2012

EG Patch posted about the budget hearing three separate times — sorry you missed them.   more ›

Monday, July 11, 2011

5 Things You Need To Know Today

Town Council Meeting & EG Farmers Market

Five things you need to know about East Greenwich today, July 11.

Town Council meeting: It’s going to be crowded in Town Council chambers, at least for the early part of the meeting, with the council scheduled to commend members of all three EGHS state-championship teams from the spring season: boys tennis, girls softball and boys lacrosse. There's always room in the balcony though, so don't let the numbers keep you away. The meeting begins at 7pm. Crompton Avenue zone-change request: That pile of unfinished construction sitting on Crompton Avenue hard by the sewage treatment plant has seen a pick-up in work lately. And its future life may no longer be the commercial-residential mix originally proposed. The Town Council will hear a zone-change application tonight. According to a real estate ad, the …

Got a Hot Tip?
 
 

Videos