One of the most difficult times in a manager's or mayor's life must be after a revaluation when assessments have gone out and homeowners learn the amount of their tax bill increases. The thousands of owners who get increases far in excess of the levy increase (soon to be capped at annual 4%) vent their frustration on the administration and with good reason.

Under the R.I.G.H.T. plan this is a thing of the past.  New owners are taxed exactly as currently, on their market value using a rate based on the revaluation of the entire town.

But everyone else will pay a tax that will increase no more than the increase in the tax levy, much as we do in a non revaluation year.  Appeals and disputes about property value will be but a memory.

The total money raised is exactly the same under both the R.I.G.H.T. plan and the current revaluation method.  There is no impact on the revenue raised.

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Rhode Island Gets Honorable Taxation
R.I.G.H.T. © 2006

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Email
Harvey Waxman
73 Wright Lane
North Kingstown, RI 02852
401 294 1236

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