Summary of Question 4
Sections 3 to 7 of Chapter 44B of the General Laws of Massachusetts, known as the Community Preservation Act ("CPA"), establish a dedicated funding source to acquire and preserve open space, parks and conservation land, protect public drinking water supplies, and scenic areas, protect farm land and forests from future development, restore and preserve historic properties, and support local affordable housing needs. In Duxbury, the CPA is currently funded by an additional excise of 3% on the annual tax levy on real property, and by annual distribution from the state. The CPA permits towns to adopt certain exclusions, including the exclusion proposed here. If voting yes to the above ballot question, you are voting to reduce the assessed value of all taxable residential real property by $100,000, thereby lowering the amount calculated at 3% to determine the annual CPA tax levy. If voting no, you are voting to keep the assessment calculation the same.