If *houses keep being sold... On Tue, Nov 28, 2023 at 9:29 AM DJCP <djcp0...@gmail.com> wrote:
> You're right, I misread his email. > > But John has picked one line out of a guide - and we don't even know which > one. > > This is from the assessor's website and explains how the town calculates > the assessed value of a property: > https://www.lincolntown.org/Faq.aspx?QID=84 > It is based on property sales, and applying some value extrapolated from > the sales to all of the properties in town. So short of a gut rehab or > tearing down and rebuilding your house, I don't think one factor such as > rezoning can spike one's property tax. Interestingly though, if prices > keep being sold at our artificially inflated prices, our collective taxes > keep going up! > > Here is another helpful guide I found on how Wellfleet calculates property > taxes. All communities in Mass work off of the same state law - Mass. Gen. > Laws ch 59 > > > On Mon, Nov 27, 2023 at 10:02 PM William Broughton <wbroughto...@gmail.com> > wrote: > >> >> I’m sorry but isn’t that the exact opposite of what John just quoted from >> a Massachusetts guide for property assessors? >> >> Best, >> Will >> >> >> >> >> >> On Nov 27, 2023, at 6:39 PM, DJCP <djcp0...@gmail.com> wrote: >> >> >> BUt I think the point is that the assessment doesn't change until the 30 >> units are built. Sure it has more potential value, and someone may pay more >> for it than before the zoning change, but it won't change your actual >> assessment or tax bill. >> Diana >> >> On Mon, Nov 27, 2023 at 6:25 PM John F. Carr <voxsciuro...@gmail.com> >> wrote: >> >>> I don't think this statement is accurate: >>> "Properties are assessed based on their current use, not on future >>> possible use." >>> >>> Quoting from a Massachusetts guide for property assessors: >>> >>> "Fair cash valuation is based on the highest and best use of the land, >>> which >>> should reflect the applicable zoning, building or other land use laws and >>> regulations, as well as the physical characteristics of the land." >>> >>> A buildable lot in Lincoln, zoned for one residence, is worth over >>> half a million >>> dollars. What happens if that land is rezoned to allow 30 units instead >>> of one? >>> The land is going to be worth several million dollars, not half a >>> million. The >>> assessed value of the structure on the land has not changed. The total >>> tax >>> bill has changed. >>> >>> John Carr >>> >>> On Wed, Nov 22, 2023 at 2:29 PM Jennifer Glass via Lincoln >>> <lincoln@lincolntalk.org> wrote: >>> > >>> > On behalf of the HCAWG Outreach Team, we wish you a relaxing holiday >>> weekend. >>> > >>> > >>> > - Jennifer, Gary, Kathy >>> > >>> > >>> > 2023 11 22 Housing Choice Act Working Group - FAQs >>> > >>> > What is Option E? A group of residents submitted an option that was >>> reviewed at the November 21st Housing Choice Act Working Group (HCAWG) >>> meeting. Documents describing the option, as submitted, may be found in the >>> documents section of the HCAWG web page ( >>> https://www.lincolntown.org/1327/Housing-Choice-Act-Working-Group). >>> The link to the meeting recording is here: >>> https://us06web.zoom.us/rec/share/OWG-84wg0A5W2q8JB2fYWrWAoTq7sMmr4Mv8qCJRRMn0IV7INcFS1evLwQljYv8-.1lOpdFNjrb0Yvp2Q >>> > >>> > >>> > >>> > Will property value assessments change with rezoning? No. Properties >>> are assessed based on their current use, not on future possible use. If a >>> neighbor’s property changes use, that still does not affect assessment. >>> Assessments change when an individual property’s use changes. >>> > >>> > >>> > >>> > Why is the commuter parking lot included in the Village Center >>> subdistrict? All of the options developed by the HCAWG include the Village >>> Center subdistrict which is comprised of the Mall (owned by the RLF), >>> Doherty’s, and the two town-owned commuter parking lots (the resident lot >>> and the one at the back of the Mall). >>> > >>> > · Both commuter lots are currently part of the South Lincoln >>> overlay district. Keeping the lots in the Village Center overlay district >>> is consistent with past practice and planning principles. >>> > >>> > · As the HCAWG has said from the beginning, and in keeping with >>> planning discussions over the past several decades, including it in the >>> Village Center subdistrict gives the town planning flexibility. >>> > >>> > o The Mall area is small (4 acres). Including the parking lot allows >>> for more holistic planning. >>> > >>> > o Including it gives the Town leverage in conversations about how >>> that area is redeveloped. >>> > >>> > o Residents have expressed strong support for developing moderate >>> and affordable housing. Including the parking lot signals to the state and >>> potential developers that Lincoln is serious about transit-oriented >>> planning. This would help the Town gain access to housing development >>> funding that is only available to municipalities. This funding is what >>> would make moderate/affordable housing possible. >>> > >>> > o It is also a signal to the MBTA that we are doing our part and >>> expect them to do theirs when it comes to providing an accessible station >>> and improved service. >>> > >>> > · Because it is town-owned land, ANY change in use of the >>> parking lot requires a 2/3 majority vote at a Town Meeting. This would >>> still be true even if it is rezoned as part of the HCA. There is no >>> downside to including it as part of a rational zoning process. >>> > >>> > >>> > >>> > Is the vote for an option at the Special Town Meeting binding? The >>> HCAWG and the Select Board will consider the vote binding subject to any >>> necessary technical changes needed for compliance. >>> > >>> > · No matter which option residents choose on December 2nd, the >>> proposal will need to go through an initial compliance check by the >>> Executive Office of Housing & Livable Communities (EOHLC). >>> > >>> > · If changes must be made for compliance, they will be shared >>> with residents as soon as possible before the March Annual Town Meeting. >>> > >>> > >>> > >>> > Why are we voting in March when the deadline for compliance is >>> December 2024? The Select Board and Planning Board began talking about >>> the Housing Choice Act in January of 2022 when the legislation was passed ( >>> https://www.lincolntown.org/AgendaCenter/ViewFile/Minutes/_01312022-4365). >>> The guidelines were finalized over the summer of 2022, and the Select Board >>> appointed the Housing Choice Act Working Group in the fall. The discussion >>> and process has been ongoing for close to two years. >>> > >>> > In December 2022, the Town submitted an Action Plan to the state which >>> was approved in January of 2023. The plan included a timeline for >>> compliance, and the Town process is in keeping with the approved timeline >>> which stated that work will be complete and ready for Town Meeting in March. >>> > >>> > Compliance is a multi-step process and technically complex, making it >>> important to allow time for each step in order to be compliant before the >>> end of 2024. >>> > >>> > 1. Submit option to EOHLC for a preliminary compliance check at >>> least 90 days before a Town Meeting vote. >>> > >>> > 2. Approve HCA zoning at Town Meeting (majority vote required). >>> > >>> > 3. Submit approved warrant to the Attorney General. >>> > >>> > 4. Submit zoning to EOHLC for final determination of compliance. >>> > >>> > >>> > >>> > >>> > >>> > -- >>> > The LincolnTalk mailing list. >>> > To post, send mail to Lincoln@lincolntalk.org. >>> > Browse the archives at >>> https://pairlist9.pair.net/mailman/private/lincoln/. >>> > Change your subscription settings at >>> https://pairlist9.pair.net/mailman/listinfo/lincoln. >>> > >>> -- >>> The LincolnTalk mailing list. >>> To post, send mail to Lincoln@lincolntalk.org. >>> Browse the archives at >>> https://pairlist9.pair.net/mailman/private/lincoln/. >>> Change your subscription settings at >>> https://pairlist9.pair.net/mailman/listinfo/lincoln. >>> >>> -- >> The LincolnTalk mailing list. >> To post, send mail to Lincoln@lincolntalk.org. >> Browse the archives at >> https://pairlist9.pair.net/mailman/private/lincoln/. >> Change your subscription settings at >> https://pairlist9.pair.net/mailman/listinfo/lincoln. >> >> -- >> The LincolnTalk mailing list. >> To post, send mail to Lincoln@lincolntalk.org. >> Browse the archives at >> https://pairlist9.pair.net/mailman/private/lincoln/. >> Change your subscription settings at >> https://pairlist9.pair.net/mailman/listinfo/lincoln. >> >>
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