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Data conversion error forces Select Board to delay setting tax rate; $250,000 shortfall identified
Summary
Town staff found MS-1 reporting errors after a data conversion to the Vision assessing database; Tax Collector Beth Marsh's review identified the issue and the Board agreed to reset the tax rate at its Dec. 2 meeting after a corrected MS-1 to avoid an estimated $250,000 under-collection.
Town Administrator Nicole MacStay told the Select Board that a data conversion error between the old assessing database and the new Vision system produced incorrect MS-1 reporting for TIF districts, Veterans' Credits and Elderly Exemptions. Tax Collector Beth Marsh identified the source of the errors by reviewing property record cards; MacStay said the errors likely would have produced a significant revenue shortfall if tax bills had been issued as planned.
The minutes state that if bills had been sent as planned "it would have resulted in an under-collection of approximately $250,000." The Board agreed to reset the tax rate after staff corrects the MS-1 report and scheduled the reset for the next meeting on Dec. 2. No formal revised tax rate was set at the workshop.
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