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	<title>Comments on: The Override &#8211; The action is heating up, no question about it</title>
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		<title>By: Tom Hollingsworth Andrews</title>
		<link>http://www.winthroptranscript.com/2009/04/30/the-override-the-action-is-heating-up-no-question-about-it/comment-page-1/#comment-397</link>
		<dc:creator>Tom Hollingsworth Andrews</dc:creator>
		<pubDate>Wed, 13 May 2009 11:12:30 +0000</pubDate>
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		<description>Do the math. The overrides total a 13% increase.  In one fell swoop this amounts to FIVE annual, automatic 2 1/2%  increases.  
Note that the 13% would supplement, and not merely replace five of the annual 2 1/2%.  Moreover the sudden 13% increase, if voted in, will cause a sudden, large levy limit increase -- this will in turn provoke subsequent increases in taxes collected from the 2 1/2% since that is based on the size of the levy.  

Another pernicious aspect: override dollars collected the first year must be spent on the purposes voted upon;  however this is NOT so in subsequent years! 

So the virus really spreads, doesn&#039;t it?  Vote a stern &quot;NO&quot; on all of these.  Then reprioritize, and reconsider just a few of them as capital exclusions or debt exclusions next year.</description>
		<content:encoded><![CDATA[<p>Do the math. The overrides total a 13% increase.  In one fell swoop this amounts to FIVE annual, automatic 2 1/2%  increases.<br />
Note that the 13% would supplement, and not merely replace five of the annual 2 1/2%.  Moreover the sudden 13% increase, if voted in, will cause a sudden, large levy limit increase &#8212; this will in turn provoke subsequent increases in taxes collected from the 2 1/2% since that is based on the size of the levy.  </p>
<p>Another pernicious aspect: override dollars collected the first year must be spent on the purposes voted upon;  however this is NOT so in subsequent years! </p>
<p>So the virus really spreads, doesn&#8217;t it?  Vote a stern &#8220;NO&#8221; on all of these.  Then reprioritize, and reconsider just a few of them as capital exclusions or debt exclusions next year.</p>
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