John Cushing et al.
Here is a note I sent to the league for their consideration.
Date: Tue, 18 Feb 2003
From: Barry Isaacs <[log in to unmask]>
Subject: House Bill 31
Steve, I discussed this with Harry Chen and then the Mendon Selectboard
kicked it around again last night.
Everybody is for the bill, the question is the revenue hit on the
Why is it necessary to have single, state-wide, fixed rate for mortgage
recording? We propose that this fee be set at the town level.
Think about this,
(a) The current draft of the bill is not "revenue neutral" to
the towns. This will exert more upward pressure on the local
property tax impacting a group of tax payers that is already on the verge
of mutiny due to educational funding.
(b) In Mendon's case $85 dollars makes us "revenue
neutral". In some other towns the number may be $50. In
others it may be $150. A state wide fee will not and cannot satisfy
all the towns.
(c) In many cases (fortunately Mendon is not one of them) these fees
serve as part of the Town Clerk's compensation package. Do you
really want to mess with that can of worms?
I'd like the league to consider this. It would be a shame to lose
what is conceptually a very good bill because we can't agree where to set
the local compensation bar.
Barry M. Isaacs
Town of Mendon, Vt.