Overrride Election, June 21, 2012

PROPOSITION 2½ LEVY LIMIT OVERRIDE

QUESTION 1.

Shall the Town of Ashby be allowed to assess an additional $460,940.23 in real estate and personal property taxes for the purposes of funding a supplemental appropriation for the North Middlesex Regional School District budget for the fiscal year beginning July first, two thousand and twelve?

                        YES________________                     NO________________

Assessors Evaluation
of the Impact on Real Estate and Personal Property Taxes

Amount to be raised:  $460,940.23
divided by the total town valuation:  $282,400,824
equals a tax rate increase of:  $1.63 per $1,000
times the average residential valuation:  $212,281
equals an average annual residential tax increase of:  $346.02
divided by the current average annual residential tax bill of:  $3,486
equals a percentage increase of:  9.93 percent