Fitchburg State Steps In To Clean Up Blight

Mar 30, 2010 Full story: Http

For about the last two years a hot topic in Fitchburg has been what to do with an old one-story Main Street building sitting directly across from the city's train station in the heart of the downtown.

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a few thoughts

Fitchburg, MA

#1 Apr 2, 2010
'*********
'(A) tax rate
'(B) total cost, gov. expenditures
'(c) total land value
'(D) percent of land value owned by taxable entities
'(E) total tax revenue
'E = A*C*D
'set E = B.
'solve for A
'*********

B = given 'total cost
C = given 'total land value
D = given 'percent of land value owned by taxable entities
E = B
A = E/(C*D)

'tax rate = total tax revenue/((total land value)*(percent value taxable))

Scenario1:
(improvements to rail by expenditure of tax revenue. blight demolition by expenditure of tax revenue. purchase of land from taxable entity by non-taxable entity.)
increasing B.
decreasing D.
Effect: increase A.

Scenario2:
(avoid taxing privately owned rail and do not spend tax money on rail. do not spend tax money on demolition.)
decreasing B.
Effect: decrease A.

This story is closer to scenario1 than scenario2.

In plain english:
The more land owned by non-taxable entities, the greater the burden on the taxed entities.
This is especially true if government is not limited, expands services and increases expenditures.

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