Loss of Tax Revenue if Asphalt Plant Comes

876 homes in the Bohner's Lake area are currently assessed at $161,864,400.

If the asphalt plant is approved, we can expect to see decreased property values. Several studies have documented this (read here). The potential decrease in assessed values at 27% (which is conversative and realistic) is $43,703,388. Some studies show property values could fall as much as 56%.

To compensate for the loss $43M loss, the town would likely have to raise the mill rate to make up for the loss, which would effect everybody in the town, including the people who live on Browns Lake.

This is not just a Bohner Lake issue. It's a town issue. If you know people in the town outside of the Bohner Lake area, you should get them involved ASAP. This will effect everyone's bottom line.