Poll: Will Supplemental Tax Bill Work?

The City Council approved a 13 percent extra tax bill. Will it help the city right the ship?

The Woonsocket City Council hitting residents with 13 percent additional property tax bill to help pay off the School Department's $10 million deficit. Officials are calling it an unfortunate necessity, but will it ultimately stave off municipal bankruptcy?

Avoiding such a scenario is critical to keeping costs for homeowners as low as possible, Mayor Leo Fontaine told more than 150 residents in attendance at Monday night's meeting. Should Woonsocket declare bankrtuptcy, a state receiver would take over, and residents could be hit harder, Fontaine said.

"If we don't solve this problem ourselves, it will be solved for us, and that may not be as beneficial for us as we'd like it to be," said Mayor Leo Fontaine. "If we turn our fate over to a receiver, you could receive a tax bill much larger than this."

Still, there are questions whether the supplemental bill will raise enough money to avoid state receivership before any possible state aid — which the city has requested of the governor — and/or budget cuts plugs the $10 million hole. City Council President John Ward voiced concerns over some residents' ability to pay. "It could be a disaster for some of our elderly and our poor," he said.

So what do you think? Will the supplemental tax bill ultimately work, staving off bankruptcy and saving residents money in the long-run?

Meesh April 07, 2012 at 12:21 AM
And don't forget that last year was a reval year and we will all be getting letters in May with our new valuations. You think people are angry now. Just wait! You know taxes will be raised to make up for the decrease in home values.
la_mouffette April 07, 2012 at 05:47 AM
is there someone you'd like to see run for Mayor? (anyone is welcome to respond) Who was the man who wanted to do a complete fiscal audit of everything? Anyone remember that candidate?
J. Head April 11, 2012 at 03:55 PM
Proven where? Central Falls is still a disaster and the city is still not close to being out from bankruptcy after two years!
Tommy Tutone April 11, 2012 at 05:14 PM
I know how you feel,you never really owned it.Actually,you might want to give a key to your insurance company....you know them,the ones that would've ratted you out to the bank if you stopped paying.God bless and best of luck to you,hold your head high!
Tommy Tutone April 11, 2012 at 05:29 PM
Bankruptcy means his political career is over.Make no mistake,he has plans for even higher office.He's a financial terrorist and ambition is his most revealing quality.The family genealogy business probably doesn't pay that well.


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