I am writing to express concerns regarding our town’s budgeting priorities and the impact they have on our community.
Over the past 14 years, our local government budget has increased at more than double the rate of inflation despite only 2.5 percent population growth. This trend raises serious questions about fiscal responsibility and the effective allocation of our tax dollars.
We are on target for 16.5 percent affordable housing — well above the state’s 10 percent requirement — and face the prospect of significant additional housing due to MBTA zoning and MCI redevelopment with no sewer capacity and no assessment of impact on our schools and other town services. Meanwhile, we have the third-highest municipal electricity costs in the state, our roads are in disrepair, and we still lack basic cell service.
Concord property taxes are the fourth highest in Massachusetts, despite having the 20th highest property values. Instead of addressing core spending, we have implemented a residential tax exemption (RTE) with arbitrary changes that studies have shown will negatively affect renters disproportionately.
Initially I thought the RTE was aimed at seniors. However, I’ve learned that multiple state and town tax breaks are available for senior property owners with incomes under $109,000 as well as relief from the Community Preservation Act and the option for a permanent deferral of property taxes — essentially a subsidized reverse mortgage — at 4 percent interest rate until they sell their home.
As we make decisions about our town spending, development plans, and tax policy, let’s ensure that we are supporting those who need it most while also maintaining a fair and balanced approach based on best practices. I encourage our town leaders to seek solutions that benefit the entire community equitably. Thank you for considering this important issue. I hope it sparks a constructive dialogue within our community.
Lori Hick
Main Street
