Brandgard went on to say that this issue has significant economic implications and needs for study.
“When the Legislative Service Agency did a study to determine that property tax caps would do to local government funding dollars, they missed by 50 percent,” he said. “This is the second time in five years the legislature is planning to revenue without replacing it. A short session is not the time to rush into this. We urge our legislators to vote against taking any action toward reducing or eliminating business personal property taxes this year.”
The letter sent to the legislators was signed by all five town council members — Brandgard, president; Bill Kirchoff, vice president; Renea Whicker, member; Kent McPhail, member; and Ed Gaddie, member.