Thursday, June 24, 2010

"a NO vote is being penny-wise but pound-foolish"

How about this from the Boston Globe:

'If we had data on all 351 Massachusetts municipalities, the exact impact of the simulated override might vary, but the overall results would be similar. By not passing the override, homeowners in Hull would save on their property taxes over the next five years. But for every tax dollar they save, Hull homeowners would likely forfeit close to four dollars in home value when they sell their homes.
Before pulling the lever in the voting booth, residents across Massachusetts considering a Prop 2 override to help fund local schools might be wise to consider whether a no vote is being penny-wise but pound-foolish.'

Read the full article here

And the School Committee blog post (which pointed me to this) here

Franklin, MA

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