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South Berwick
Board of Assessors
August 9, 2011
Chairman David Burke called the meeting to order at 6:39pm. Assessors present included Jean Demetracopoulos, Gerald W. MacPherson, Sr., and John C. Kareckas. Town Manager Perry Ellsworth and Assessing Agent Craig Skelton were also in attendance. David H. Webster was not present
Mr. Skelton gave an overview; real estate value has increased by $347,000 and business personal property increased by $626,200. The total Town valuation for 2011/2012 is $651,047,353.00. He recommended setting the tax rate at $15.50 per $1000 of valuation.
Mr. Ellsworth commented that the proposed increase for the average home (valued at $237,000) will see an increase of about $83 for the year. The overlay would be $273,000; with $167,000 of that designated for tax relief for next year.
On a motion by Mrs. Demetracopoulos, seconded by Mr. MacPherson, it was unanimously voted to set the overlay for FY 2012 at $273,313.30 establishing a tax rate of $15.50.
On a motion by Mrs. Demetracopoulos, seconded by Mr. Kareckas, it was unanimously voted to adjourn the meeting at 6:48pm.
Attest:
Barbara Bennett, CCM
Town Clerk
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