-
The town has already collected $4 million of a possible $13 million in extra money hidden from the budget process.
The town has already collected $4 million of a possible $13 million in extra money hidden from the budget process.
The Tiverton Casino Revenue is a major opportunity for Tiverton residents to put the town’s financial house in order after many years of poor fiscal management and bad decision making, resulting in a doubling of taxes in ten years and our town government living beyond our means. The casino financials are significant – Tiverton will receive $4 million annually of which approximately $1 million will be from taxes and fees, and $3 million guaranteed from gaming. This total represents approximately 10% of our tax levy – enough to provide significant tax relief for the weary property owners of Tiverton, and enough to begin to deal with financial issues in the town. But now we hear that the establishment, some responsible for the past poor management of the town, want to “allocate” the gaming revenue away from the control of the taxpaying voter. They do not want to include that money into the general fund which allows you the taxpayer to decide on priorities by a town-wide vote in the Financial Town Referendum (FTR). When do we as taxpayers say enough is enough? We have had too many back room deals (Lt. Panell is the latest) and pet project areas to …
Read More »Links to documents relevant to town government that may or may not be available elsewhere.
Read More »