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Resident raises concern about proposal to tax unrealized capital gains as school funding
Summary
During public comment at the Jan. 12 Hinsdale Select Board meeting, resident Jay Bean said he'd heard of a proposal to tax property on unrealized capital gains to finance schools; the Town Administrator said she had not heard of such a measure and suggested contacting state representatives.
During public comment at the Jan. 12 Select Board meeting, resident Jay Bean said he was concerned after hearing about a group promoting a proposal to tax property based on unrealized capital gains and mentioned an associated court date. Bean said he believed that approach could be used to fund schools and asked who to contact for more information.
Town Administrator Kathryn Lynch responded that she had been in contact with state representatives and had not heard of such a measure locally; she provided names of representatives for follow-up. The board took no formal action on the comment. The exchange was presented as a public comment and remains unverified by the meeting record.
Other brief public items: Ann Diorio handed the board a proposed dedication for the Town Report for board review, and Alex Duso asked about the status of online meetings; Lynch said she expected online meetings to be available soon.
