A betterment is a special tax assessed when an improvement has increased the value of real property.
The betterment divides the water infrastructure debt among all the abutters.
Residents who paid the betterment in full can expect a refund.
Q: Why did I receive this final sewer betterment letter from the town?
Homeowners who live on private streets that are made public can spread out that betterment
assessment over 20 years, at 5 percent interest.
The final betterment
assessment will be between $12,000 and $13,000 per unit.
While Buzanoski said her office has fielded calls from residents with questions on the betterment
, she has not received any questions about the current construction itself.
The statutes call for a betterment
assessment on the underlying zoning, but a 40B is dense - more units are allowed than local zoning statutes dictate," said William J.
Property owners who did not receive an estimated betterment
charge will be assessed the full betterment
Selectmen, with town counsel weighing in, said the town is completing betterments
for all properties.
Selectmen also debated whether to revise the policy on assessing sewer betterment
fees, after a local business owner opening a carwash was assessed more than $100,000 to connect to the sewer system.
"According to state law, you cannot assess a betterment
beyond the value of the improvement to a property," said Sewer Commission Chairman William J.