Be aware that the average $291-$309 per year number for the projected tax impact of the Community Center project, as you will see prominently displayed to catch your eye on the sixth page of the Select Board’s November 16 mailing under the heading “Estimated Tax Impact” is far LOWER than ANY of the actually projected tax increases for ANY of the proposals, as set forth in small type on the fourth page of the same Select Board mailing. The actual number ranges from “up to $387 increase” to “up to $773 increase,” depending on the size of the project.
The $291-309 number is printed in large boldface type, and the heading “Estimated Tax Impact” above it is printed in even larger boldface type, on a page with lots of white space. In contrast, the actual projections of “up to $387 increase," “up to $541 increase,” and “up to $773 increase” are printed in smaller, non-boldface type on a page of densely packed information. Based on decades of responding to Securities and Exchange Commission comments on clients’ drafts of securities law filings, I can say with confidence that the SEC would never allow a company to present numbers in the manner chosen for the Select Board’s mailing. Edward Young Bedford Road -- The LincolnTalk mailing list. To post, send mail to [email protected]. Browse the archives at https://pairlist9.pair.net/mailman/private/lincoln/. Change your subscription settings at https://pairlist9.pair.net/mailman/listinfo/lincoln.
