Select Board Chair Stephanie O'Keeffe explains the Interstellar Alien Landing Port
But seriously folks, tonight the campaign for a multi-million dollar tax Override began.
The Finance Committee gave a verbal report that parroted the Assistant Town Manager's presentation a few weeks back to the illustrious Select Board projecting a $4 million budget gap next year.
Of course over the next couple hours during routine housekeeping warrant articles we learned the town has stashed in surplus $2.6 million in Free Cash, $2.8 million in a Health Care Trust Fund, $1.3 million in Stabilization, $1.4 million in the Water Fund and the Town Manager announced a $1 million state Community Development Block Grant in each of the next two years.
Yet...the sky is falling. Or maybe it's a UFO.
So notice Princess Stephanie trots out that old fallacy that Prop 2.5% does not allow municipalities to keep up with inflation (roughly 3%). She ignores the other part of the law that allows "new growth" to be combined; and the two have always exceeded the simple rate of inflation.
Even our toothless "watchdog" Finance Committee issued an Override Report last year that clearly shows Amherst homeowners have absorbed a 6% average increase in their taxes--or twice the rate of inflation. Welcome to the People's Republic!