The actual property levy in Barnstable, Massachusetts, is an important supply of funding for municipal companies. These companies embody important areas resembling public training, highway upkeep, emergency companies, and group packages that contribute to the city’s total high quality of life. An in depth understanding of how these levies are calculated, assessed, and in the end utilized permits residents to understand the direct hyperlink between their contributions and the companies they obtain.
Traditionally, property taxes have performed a significant function in supporting native governments throughout the USA, enabling them to supply important companies to their communities. In Barnstable, these funds contribute considerably to sustaining the city’s infrastructure, preserving its distinctive character, and making certain a excessive lifestyle for residents. Understanding the historic context and ongoing evolution of this funding mechanism offers invaluable perception into the monetary framework of the city.
The next sections will delve into the specifics of evaluation strategies, fee choices, exemptions, and different related elements of Barnstable’s actual property tax system. This info will equip residents with the data essential to navigate the system successfully and perceive its impression on their particular person circumstances.
1. Evaluation Course of
The evaluation course of types the muse of Barnstable’s property tax system. This course of determines the assessed worth of a property, an important determine used to calculate the tax legal responsibility. Accuracy and equity on this course of are paramount as they immediately impression the distribution of the tax burden amongst property homeowners. The assessed worth, usually a share of the property’s market worth, is established by way of a scientific analysis contemplating components resembling property measurement, location, situation, and up to date gross sales information of comparable properties. This systematic strategy goals to make sure equitable taxation throughout the city.
For instance, two related properties positioned in numerous neighborhoods might need differing assessments on account of variations in native facilities, faculty districts, or market demand. A current renovation or important enchancment to a property may set off a reassessment, probably resulting in a change within the tax owed. Understanding this course of permits property homeowners to anticipate potential tax implications of property modifications and offers a foundation for interesting assessments if deemed inaccurate. This understanding empowers property homeowners to actively have interaction with the system and advocate for honest and correct valuations.
In abstract, the evaluation course of is integral to the functioning of Barnstable’s property tax system. A transparent understanding of this course of equips property homeowners with the data essential to navigate the system successfully. This contains understanding how valuations are decided, how adjustments to a property would possibly have an effect on its assessed worth, and the avenues obtainable to handle issues concerning assessments. By fostering transparency and understanding, the city goals to keep up a good and equitable system that helps important group companies.
2. Cost Deadlines
Adhering to fee deadlines is essential for property homeowners in Barnstable. Well timed funds make sure the constant movement of income essential for the city to keep up important companies and meet its budgetary obligations. Failure to fulfill these deadlines may end up in penalties, curiosity accrual, and potential authorized motion, impacting property homeowners’ monetary well-being. Understanding the established deadlines and obtainable fee strategies is important for accountable property possession throughout the city.
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Due Dates and Schedules
Barnstable usually units two foremost deadlines for property tax funds annually, usually divided into quarterly installments. These dates are publicly introduced and available in town’s official web site and thru different communication channels. Particular due dates might differ barely from yr to yr, so common affirmation is really useful. Lacking a fee deadline can set off penalties, which accrue over time, growing the general quantity owed.
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Cost Strategies
The city affords numerous fee strategies to facilitate handy and well timed remittance. These usually embrace on-line funds, mail-in choices, and in-person funds at designated places of work. On-line platforms present safe and environment friendly transactions, whereas mail-in funds require cautious consideration to deadlines to keep away from postal delays. In-person funds provide direct interplay with city workers, permitting for instant affirmation of fee receipt. Selecting probably the most appropriate fee methodology helps guarantee adherence to deadlines and avoids potential problems.
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Penalties and Curiosity
Failure to fulfill fee deadlines ends in penalties and curiosity prices. These prices, usually calculated as a share of the excellent quantity, accrue every day or month-to-month, growing the general tax burden. Understanding the precise penalty and rates of interest is essential for property homeowners to understand the monetary implications of late funds. Addressing overdue taxes promptly minimizes the buildup of penalties and avoids escalation to extra extreme penalties, resembling liens on the property.
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Affect on Municipal Price range
Well timed property tax funds are important for the soundness and predictability of Barnstable’s municipal funds. These funds are a major income, supporting important companies resembling training, public security, and infrastructure upkeep. Delinquent funds disrupt the anticipated income stream, probably impacting the city’s means to ship these essential companies successfully. Sustaining a wholesome and predictable income stream by way of well timed funds ensures the continuity of important city operations.
Understanding and adhering to fee deadlines is due to this fact a elementary facet of accountable property possession in Barnstable. This contributes not solely to particular person monetary well-being but in addition to the general monetary well being and efficient functioning of the city. The established system of deadlines, fee choices, and related penalties underscores the significance of well timed funds in sustaining the city’s important companies and monetary stability.
3. Exemption Standards
Sure Barnstable property homeowners might qualify for property tax exemptions, which cut back their tax burden. These exemptions are usually based mostly on particular standards established by state legislation and native ordinances. Frequent exemption classes embrace these for senior residents, veterans, people with disabilities, and sure agricultural or spiritual properties. Eligibility necessities differ relying on the precise exemption sought. Understanding these standards is important for probably eligible property homeowners to entry obtainable tax aid. For instance, a senior citizen assembly particular age and earnings necessities would possibly qualify for a discount of their assessed property worth, immediately decreasing their tax legal responsibility. Equally, a veteran with a service-related incapacity might qualify for a considerable exemption. Agricultural land actively used for farming might also obtain preferential tax therapy.
The sensible significance of understanding exemption standards is substantial. Accessing these exemptions can present significant monetary aid for qualifying people and organizations. Failure to use for relevant exemptions may end up in pointless tax burdens. The appliance course of usually entails submitting required documentation to the city’s assessing division, demonstrating eligibility based mostly on the precise exemption standards. Navigating this course of successfully requires consciousness of deadlines, documentation necessities, and the specifics of every obtainable exemption. For instance, a veteran in search of a incapacity exemption would possibly want to supply documentation verifying their service and incapacity standing. Equally, a senior citizen making use of for an age-based exemption would wish to supply proof of age and probably earnings documentation.
In abstract, navigating the complexities of property tax exemptions in Barnstable requires a radical understanding of eligibility standards and software procedures. Accessing these exemptions offers essential monetary aid for qualifying people and organizations, contributing to the general equity and fairness of the property tax system. This understanding empowers residents to reap the benefits of obtainable advantages and reduce their tax burden whereas making certain compliance with all relevant rules. Proactive engagement with the exemption course of reinforces the significance of understanding this element of the city’s property tax construction.
4. Abatement Alternatives
Property homeowners in Barnstable might have alternatives to hunt abatements, that are reductions of their assessed property worth and, consequently, their tax legal responsibility. Abatements present a proper mechanism for property homeowners to problem assessments they imagine are inaccurate or unfair. Understanding the grounds for abatement functions, the method concerned, and the potential advantages is essential for property homeowners in search of to optimize their tax obligations. This course of contributes to a fairer and extra equitable property tax system by permitting for changes based mostly on particular person circumstances and property-specific components.
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Grounds for Abatement
A number of legitimate grounds might justify an abatement software. These usually embrace demonstrably incorrect property information used within the evaluation, resembling inaccurate lot measurement, constructing dimensions, or property classification. Important declines in property worth on account of components past the proprietor’s management, resembling documented structural injury or neighborhood blight, might also represent legitimate grounds. Efficiently demonstrating these grounds requires substantial supporting proof, resembling value determinations, restore estimates, or comparable gross sales information. Clear documentation strengthens the applying and will increase the chance of a good final result. For example, if a property’s assessed worth considerably exceeds the market worth based mostly on current comparable gross sales, this discrepancy might function grounds for an abatement software.
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Software Course of and Deadlines
The abatement software course of entails submitting a proper request to the city’s assessing division inside specified deadlines. This software usually requires detailed details about the property, the grounds for the abatement request, and supporting documentation. Adhering to deadlines is important, as late submissions could also be rejected. The method might also contain hearings or appeals, offering alternatives for property homeowners to current their case and tackle any questions or issues raised by the assessors. Understanding the procedural steps concerned ensures a clean and environment friendly software course of. Lacking deadlines or submitting incomplete functions can jeopardize the abatement request.
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Potential Advantages and Outcomes
A profitable abatement software ends in a discount of the assessed property worth, resulting in a decrease tax legal responsibility. The extent of the discount is dependent upon the precise circumstances and the energy of the supporting proof introduced. Whereas abatements provide potential tax aid, there is no assure of approval. Assessors fastidiously overview every software and make determinations based mostly on the deserves of the case. Even a partial abatement can present significant monetary aid for property homeowners, significantly these dealing with monetary hardship or these whose property values have skilled important declines. Understanding the potential advantages motivates property homeowners to discover abatement alternatives and interact actively within the course of.
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Affect on Municipal Price range
Whereas abatements present particular person tax aid, they’ll additionally impression the general municipal funds. Decreased property tax revenues on account of granted abatements might require changes on the town spending or necessitate different revenue-generating measures. Balancing particular person tax aid with the necessity to keep sufficient funding for important city companies requires cautious consideration and administration of the abatement course of. Understanding this broader impression emphasizes the significance of a good and clear abatement system that considers each particular person circumstances and the general monetary well being of the municipality. Efficient administration of the abatement course of balances the necessity for particular person tax aid with the crucial to maintain important public companies.
In conclusion, abatement alternatives symbolize an integral part of Barnstable’s property tax system. They provide a mechanism for property homeowners to handle perceived inaccuracies in assessments, contributing to a extra equitable distribution of the tax burden. Navigating the abatement course of successfully requires a radical understanding of the grounds for abatement, the applying procedures, and the potential advantages and implications for each particular person property homeowners and the city’s total monetary well being. By offering this avenue for redress, Barnstable ensures a extra responsive and equitable property tax system for all stakeholders.
5. Tax Fee Calculation
The Barnstable tax fee calculation is a important course of figuring out the exact quantity of property tax levied on householders. This calculation immediately impacts particular person tax liabilities and total municipal income. It represents an important hyperlink between the city’s budgetary wants and the monetary obligations of property homeowners. A transparent understanding of this course of is important for transparency and accountability throughout the native authorities’s monetary operations.
The tax fee is derived by dividing the city’s complete funds requirement, much less different income sources, by the entire assessed worth of all taxable properties inside Barnstable. This calculation produces a fee expressed as {dollars} per thousand {dollars} of assessed worth. Fluctuations within the city’s funds, adjustments in property values, or changes in different income streams can affect the tax fee from yr to yr. For instance, a rise within the city’s funds with out a corresponding improve within the total assessed property worth would seemingly necessitate the next tax fee to fulfill budgetary calls for. Conversely, important new building or property worth will increase might probably permit for a decrease tax fee whereas nonetheless assembly budgetary wants. Understanding these interconnected components is important for deciphering tax fee fluctuations and their implications for particular person taxpayers.
The sensible significance of understanding the tax fee calculation is multifaceted. It permits property homeowners to anticipate potential tax adjustments based mostly on observable components resembling funds proposals and property worth traits. This understanding empowers knowledgeable civic engagement and facilitates constructive dialogue concerning municipal funds. Transparency within the tax fee calculation fosters belief between the native authorities and residents, selling a extra accountable and responsive system. Moreover, this understanding equips property homeowners to make knowledgeable selections concerning property acquisition, improvement, and total monetary planning throughout the context of Barnstable’s property tax construction. A well-informed citizenry is best outfitted to take part actively in discussions surrounding municipal funds and contribute to a extra sturdy and clear native authorities.
6. Municipal Price range Affect
Property taxes represent a cornerstone of Barnstable’s municipal funds, immediately impacting the city’s means to fund important companies and keep its infrastructure. This income stream helps a variety of public companies, together with training, public security, highway upkeep, library companies, and leisure packages. The extent of property tax income collected immediately influences the scope and high quality of those companies. A sturdy property tax base permits for higher funding in public companies, enhancing the standard of life for residents. Conversely, shortfalls in projected property tax revenues can necessitate funds cuts, probably impacting service supply and infrastructure upkeep. For instance, a major improve in property values town-wide might result in elevated tax income, probably permitting for expanded public companies or infrastructure enhancements. Conversely, a decline in property values or a excessive fee of profitable tax appeals might pressure the municipal funds, probably requiring cuts in companies or will increase within the tax fee.
Analyzing the connection between property tax income and particular budgetary allocations offers invaluable insights into the city’s fiscal priorities and useful resource allocation. Inspecting the proportion of property tax income devoted to training, public security, or infrastructure tasks, as an example, reveals the relative significance positioned on these areas. This evaluation permits residents to grasp how their tax contributions are utilized and to have interaction in knowledgeable discussions about funds priorities. Moreover, understanding the potential impression of adjustments in property values or tax charges on the municipal funds permits for extra knowledgeable monetary planning and decision-making at each the person and group ranges. For instance, if a proposed improvement venture is projected to considerably improve the city’s tax base, residents can higher assess the potential advantages when it comes to improved companies or infrastructure investments. Conversely, if declining property values threaten the city’s fiscal stability, residents can have interaction in discussions about potential mitigation methods, resembling funds changes or various income sources.
In abstract, the interdependence between property tax income and the municipal funds is a important facet of Barnstable’s monetary panorama. A radical understanding of this relationship empowers residents to have interaction extra successfully in civic discourse, make knowledgeable selections about their very own funds, and contribute to a extra clear and accountable native authorities. This understanding fosters a shared duty for the city’s fiscal well being and strengthens the connection between particular person taxpayers and the group they help. Recognizing the direct hyperlink between property taxes and the standard of public companies underscores the significance of accountable monetary planning and civic engagement throughout the city.
7. Property Valuation
Property valuation performs an important function in figuring out the city of Barnstable property tax. The assessed worth, derived from the property valuation, types the idea for calculating particular person tax liabilities. Understanding the valuation course of is due to this fact important for property homeowners to grasp their tax obligations and to have interaction successfully with the evaluation system. Correct and equitable property valuations are elementary to a good and clear property tax system, making certain that the tax burden is distributed appropriately amongst property homeowners.
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Market Worth vs. Assessed Worth
Market worth represents the estimated value a property would fetch in an open market transaction between a prepared purchaser and vendor. Assessed worth, used for tax functions, is often a share of the market worth, decided by the city’s assessors. Whereas market worth fluctuates with market circumstances, assessed values are usually extra steady, up to date periodically by way of town-wide revaluations. For example, a property’s market worth would possibly improve considerably throughout a interval of excessive demand, however the assessed worth might not mirror this improve till the subsequent revaluation cycle. This distinction is essential for understanding the connection between market fluctuations and precise tax liabilities. Discrepancies between market and assessed values might be grounds for interesting assessments.
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Elements Influencing Valuation
A number of components affect property valuations. These embrace property measurement, location, age, situation, renovations, and comparable gross sales information from related properties within the neighborhood. Location performs a major function, as properties in fascinating neighborhoods or these with waterfront entry usually command greater values. Latest renovations or enhancements may improve a property’s worth. Assessors think about these components comprehensively to reach at an correct and equitable valuation. For instance, two an identical homes positioned in numerous neighborhoods might need completely different valuations on account of variations at school districts, entry to facilities, or native market circumstances. Understanding these components offers property homeowners with insights into how their property’s worth is decided.
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The Function of City Assessors
City assessors are accountable for figuring out property valuations inside Barnstable. They make use of established methodologies and pointers to make sure constant and equitable assessments throughout the city. Assessors keep detailed property data, conduct periodic inspections, and analyze market information to reach at correct valuations. Their function is essential for sustaining a good and clear property tax system. Property homeowners can contact the assessors’ workplace to inquire about their property’s valuation, the methodology used, and any obtainable information supporting the evaluation. This interplay promotes transparency and permits property homeowners to handle any issues concerning their valuations.
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Interesting Assessments
Property homeowners who imagine their property’s assessed worth is inaccurate have the correct to enchantment the evaluation. The appeals course of usually entails submitting a proper software to the city’s assessing division, offering supporting proof to justify the enchantment. This proof would possibly embrace impartial value determinations, comparable gross sales information, or documentation of property-specific components affecting its worth. Profitable appeals may end up in a discount of the assessed worth and a corresponding lower in property tax legal responsibility. Understanding the appeals course of empowers property homeowners to problem assessments they imagine are unfair or inaccurate, contributing to a extra equitable tax system. This course of additionally offers a mechanism for correcting errors and making certain that assessments mirror the true worth of properties inside Barnstable.
In conclusion, property valuation is intrinsically linked to the city of Barnstable property tax system. Understanding the components influencing valuation, the function of city assessors, the excellence between market and assessed values, and the appeals course of empowers property homeowners to navigate the system successfully. Correct and equitable property valuations are important for sustaining a good and clear property tax system, making certain that the monetary burden is distributed appropriately and that the city can successfully fund important public companies. This understanding fosters a stronger connection between particular person property homeowners and the monetary well-being of the group.
8. On-line Sources
On-line assets have develop into indispensable instruments for navigating the complexities of the Barnstable property tax system. These digital platforms present handy entry to important info, facilitating knowledgeable decision-making and environment friendly interplay with the city’s assessing division. The supply of on-line assets considerably streamlines processes associated to tax funds, evaluation inquiries, exemption functions, and abatement requests, enhancing transparency and accessibility for all stakeholders.
The city of Barnstable’s official web site usually serves as the first on-line useful resource for property tax info. This portal usually offers entry to property tax payments, evaluation information, fee historical past, deadline reminders, and downloadable types for exemptions and abatements. On-line fee portals facilitate safe and environment friendly tax funds, eliminating the necessity for bodily checks or in-person visits. Moreover, on-line databases might provide entry to property data, together with valuation histories, possession particulars, and gross sales information for comparable properties. Such assets empower property homeowners to grasp their assessments, monitor fee standing, and analysis property values inside their neighborhood. For example, a property proprietor contemplating an enchantment can make the most of on-line assets to collect information on comparable gross sales, strengthening their case for a reassessment. Equally, on-line exemption functions streamline the method of making use of for tax aid, minimizing paperwork and processing time.
Leveraging on-line assets affords important sensible benefits. Entry to real-time info empowers property homeowners to handle their tax obligations proactively, avoiding penalties and making certain well timed funds. On-line platforms improve transparency by offering readily accessible info concerning evaluation methodologies, tax fee calculations, and budgetary allocations. This transparency fosters belief between the native authorities and residents, selling a extra accountable and responsive system. Furthermore, on-line assets reduce the necessity for in-person interactions, lowering administrative burdens for each taxpayers and city officers. This effectivity contributes to a extra streamlined and cost-effective property tax administration. Whereas on-line assets provide substantial advantages, challenges resembling digital literacy and entry to dependable web connectivity have to be addressed to make sure equitable entry to info for all residents. Bridging this digital divide is essential for maximizing the potential of on-line assets to reinforce transparency, effectivity, and fairness throughout the Barnstable property tax system.
Continuously Requested Questions
This part addresses frequent inquiries concerning the Barnstable, Massachusetts property tax system. Understanding these key elements contributes to a extra thorough comprehension of the system’s intricacies and promotes knowledgeable monetary planning for property homeowners.
Query 1: How is the assessed worth of a property decided in Barnstable?
Assessors think about numerous components, together with property measurement, location, age, situation, current renovations, and comparable gross sales information. Periodic town-wide revaluations guarantee assessments mirror market traits.
Query 2: What fee strategies can be found for Barnstable property taxes?
Cost choices usually embrace on-line funds by way of the city’s web site, mail-in funds utilizing offered remittance envelopes, and in-person funds at designated city places of work. Particular particulars can be found in town’s web site.
Query 3: What are the results of lacking a property tax fee deadline?
Late funds incur penalties and curiosity prices, which accrue over time. Continued delinquency can result in liens on the property and potential authorized motion.
Query 4: Who’s eligible for property tax exemptions in Barnstable?
Eligibility standards differ relying on the precise exemption. Frequent classes embrace exemptions for senior residents, veterans, people with disabilities, and sure agricultural or spiritual properties. Detailed eligibility necessities can be found by way of the city’s assessing division.
Query 5: How can property homeowners enchantment their assessments?
Property homeowners can problem their assessments by submitting a proper enchantment to the city’s assessing division inside specified deadlines. Appeals usually require supporting proof, resembling impartial value determinations or comparable gross sales information.
Query 6: How does the city of Barnstable make the most of property tax income?
Property taxes fund important municipal companies, together with training, public security, highway upkeep, library companies, and leisure packages. The annual city funds outlines particular allocations of property tax income.
Understanding these ceaselessly requested questions offers a foundational understanding of the Barnstable property tax system. Additional inquiries might be directed to the city’s assessing division for customized help.
For extra info and detailed assets, please seek the advice of the next sections.
Suggestions for Navigating Barnstable Property Taxes
Cautious administration of property tax obligations is important for property homeowners in Barnstable. The next suggestions present invaluable steering for navigating the system successfully and minimizing potential monetary burdens.
Tip 1: Perceive Evaluation Schedules: Familiarize your self with the city’s evaluation schedule and revaluation cycles. This consciousness permits for anticipation of potential valuation adjustments and facilitates proactive monetary planning.
Tip 2: Discover Exemption Alternatives: Completely analysis obtainable exemptions to find out eligibility. Making use of for relevant exemptions can considerably cut back tax liabilities for qualifying people and organizations. Contact the assessor’s workplace for clarification and software procedures.
Tip 3: Monitor Cost Deadlines: Mark fee deadlines in your calendar and set reminders to keep away from late fee penalties and curiosity prices. Make the most of on-line fee platforms for handy and well timed remittances.
Tip 4: Preserve Correct Property Data: Hold detailed data of property enhancements, renovations, and any components that will affect valuation. These data might be invaluable when interesting assessments or making use of for abatements.
Tip 5: Seek the advice of On-line Sources: Make the most of the city’s official web site and on-line databases to entry property tax payments, evaluation info, fee historical past, and related types. These assets provide handy entry to important info.
Tip 6: Interact with the Assessor’s Workplace: Do not hesitate to contact the assessor’s workplace for clarification on any facet of the property tax system. They’ll present invaluable steering concerning assessments, exemptions, abatements, and fee procedures.
Tip 7: Think about Skilled Recommendation: For complicated property tax issues, consulting with a tax skilled or actual property lawyer can present knowledgeable steering and guarantee compliance with all relevant rules.
By implementing the following pointers, property homeowners can successfully handle their tax obligations, reduce potential monetary pressure, and contribute to a good and clear property tax system in Barnstable. Knowledgeable engagement with the system advantages each particular person property homeowners and the broader group.
The next conclusion summarizes the important thing takeaways and affords remaining suggestions for navigating the Barnstable property tax panorama.
Conclusion
Understanding the Barnstable property tax system is essential for all property homeowners throughout the city. This exploration has highlighted key elements of the system, together with the evaluation course of, fee deadlines, exemption standards, abatement alternatives, tax fee calculations, the impression on the municipal funds, property valuation methodologies, and obtainable on-line assets. Every element performs a major function within the total functioning of the system and its impression on particular person taxpayers and the group as a complete. Correct property valuations, coupled with a clear evaluation course of, kind the muse of a good and equitable system. Consciousness of fee deadlines and obtainable fee choices ensures well timed remittances, avoiding penalties and contributing to the city’s fiscal stability. Understanding exemption and abatement alternatives permits eligible property homeowners to entry potential tax aid, whereas data of the tax fee calculation course of promotes transparency and accountability in municipal monetary operations.
Efficient engagement with the Barnstable property tax system requires proactive participation from property homeowners. Using obtainable on-line assets, sustaining correct property data, and interesting with the city’s assessing division are important steps for navigating the system efficiently. A radical understanding of the system empowers property homeowners to handle their tax obligations successfully, contribute to the monetary well-being of the group, and advocate for a good and clear property tax system that helps important public companies and enhances the standard of life for all residents. Continued engagement and knowledgeable participation are essential for making certain the long-term sustainability and effectiveness of the city of Barnstable property tax system.