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Posted November 30. 2012 1:57PM

Newfound Regional Schools caught in unintended consequences trap set by new property tax cap law

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Wendelboe said there are three possible solutions to the district's dilemma and the path of least resistance is having the DRA reinterpret the legislative intent of the law that was passed which permitted school districts, among other governmental entities, to have property tax caps. She argues that lawmakers only intended to control the rate at which property taxes can be increased; their purpose was not to have the law drive down the total amount that can be collected because of something that happened the year before.


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