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How much would this override buy?

February 16, 2012

If passed by voters in the town election on June 2, the average Walpole family will add about $330 more to their property tax bill, above the 2.5 percent annual increase already built in, every year, forever.

How much would $330 per year buy? A lot of things, actually.

By 2017, the average Walpole family will have handed over a total of $1650 from their wallets to the government. That’s nothing to sneeze at.

By 2022, the average Walpole family will have handed over a total of $3300 from their wallets to the government. For some families, that could mean issues paying off a mortgage, or paying for a car.

The town would collect about $30 million in just 10 years from your wallets (in addition to the $70 million they already collect yearly.) With that kind of money, it would take less than a decade for the town to build a new police station, a new fire station, and a new senior center, and still have money left over.

By 2017, the town will have handed out a total of $650,000 in raises to non-union town employees. By 2022, that number will have doubled to $1,300,000. Millions more will have been shoveled off during that time for raises to unionized employees. Kind of a scary thought.

$330 per year. Per family. Forever.

$3300 over ten years. Per family. Forever.

No, thanks.

Some families simply can not afford a tax hike like this. Walpole is not a wealthy town. Town Hall must CUT, not hurt families.

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