I read with interest this letter from Jerry Mullins to the editor in today's DN about the Community Preservation Act and repealing the surcharge it allows municipalities to levy on real estate taxes.
My understanding from all those interviews I did for CEB is that Newburyport is tied to it for some 20 or so years because it is funding the payments on the bond the city took out to repair the exterior of City Hall.
I don't think even one of the candidates suggested that the CPA should be done away with in the city, or repealed entirely. I could be wrong; I just can't remember now what everyone said.
Monday, September 28, 2009
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