The Porter Town
Council will convene at 7 p.m. Tuesday for its regular meeting at Porter
Town Hall, 303 Franklin St.
The Council will
have a public hearing on resetting its cumulative capital development fund
from its current $.0318 per $100 of assessed valuation to a maximum of $.04
allowed by the state, about eight tenths of a cent.
At first reading
for the ordinance to increase the rate, Council President Greg Stinson said
a homeowner with an assessed value of $150,000 will see roughly a $12
increase on their property tax bill if the CCD rate is increased. The rate
would be effective starting with 2017 pay 2018 taxes.
CCD funds are
sometimes used to purchase equipment such as police vehicles. The state
makes small reductions to the rate each year, Stinson said, and routinely
municipalities reset it to the maximum.
Later in the
meeting, the Council is expected to vote to adopt the ordinance on second
The meeting will
also include reports by department heads, Council members, Clerk-Treasurer
Carol Pomeroy and Town Attorney Greg Sobkowski.
There is no other
new or old business.
The public may
address the council on non-agenda items during audience participation.