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Minutes note LUCT distribution: Tamworth fund cap and Sandwich share
Summary
The minutes record that Tamworth’s Conservation Fund receives all Land Use Change Tax (LUCT) income each year up to $7,500 and that Sandwich receives 25% of all LUCT income annually.
The committee's minutes state the formula for Land Use Change Tax proceeds: Tamworth’s Conservation Fund receives all LUCT income each year up to $7,500; Sandwich receives 25% of all LUCT income each year. The minutes present this as a factual statement about the distribution of LUCT proceeds and do not record debate or proposals to change the allocation.
No specific dollar amounts beyond the $7,500 cap or examples of recent LUCT receipts are recorded in these minutes. The entry is presented as an informational item in the meeting record rather than an action item or motion.
