Address of this page: http://www.oocities.org/fltaxpayer/schools/Tunbridge1.html

Ready for your Business and Home Property Taxes to Go Up?

In Vermont, London based First Student Ryder bus contractor Ryder causes property taxes to rise 21%...? ............ "The company, First Student, recently bought out competing transportation services in the area. Tunbridge's negative experience, said Farnham, "accents what can happen when you don't have competition—the company can do as it pleases." Quote from newspaper article listed below. ............ Also check these geographic areas for London Bus Contractor issues: Areas around Tunbridge VT: http://www.ourherald.com/News/2000/0928/Front_Page/f01.html St. Louis MO St. Louis Post Dispatch: http://www.post-dispatch.com/ Northeast USA: In General, compare high and/or increasing property taxes in the U.S. Northeast where London bus contractors operate: http://www.n-net.com http://verticals.yahoo.com/cities/categories/proptax.html Savannah GA "To Buy School Buses, Too. Tunbridge OKs School Rise" Sandy Cooch 3/8/2001 The Herald of Randolph VT http://www.ourherald.com/News/2001/0308/Front_Page/f06.html The 79 voters who came, he said, took less than 10 minutes to pass, "easily," a $1.92-million school budget, up almost 11% over the current budget. The budget will result in a substantial increase the school tax—somewhere between 10% to 21%— depending on where the state sets Tunbridge's property valuation level. Tunbridges values are now set at about 90% of the common level of appraisal, Farnham said, and that difference reduces the amount of state funding the town receives. Tunbridge is undergoing reappraisal, a process expected to be completed in the next year. The impact on the local tax rate was discussed at both the school and Town Meeting, Farnham said. Despite the tax pressures, voters also approved an article authorizing the school board to spend even more—on school buses. Support for an article authorizing the board to buy two new buses and one used one over the next two years, reflects local concerns about the inadequate service provided this year by the company contracted to bus children to school, said Farnham. The company, First Student, recently bought out competing transportation services in the area. Tunbridge's negative experience, said Farnham, "accents what can happen when you don't have competition—the company can do as it pleases." Townspeople agreed, he said, that the slightly higher cost of running its own service was worth the gains in control and reliability.

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