The CPA imposes a 1 percent surcharge on property taxes to raise money that must be spent on open space, historic preservation, affordable housing and recreation. It is expected to raise about $750,000 per year in Beverly.
“The question is whether we’re going to spend $100,000 of the general fund money when there is a revenue source waiting to be used for these things,” Schetzsle said. “If these (CPA) funds weren’t there, it would be a different conversation. We told the people of Beverly we don’t have the money in the general fund to do these things.”
Schetzsle said the $100,000 should be used to fix potholes and pave streets.
“I understand that potholes and paving are not sexy, but that’s what people pay their taxes for,” he said.
In response, Scanlon said the CPA money won’t be available for another year and that it must be spent on a variety of areas. Plus, he said the city would like to improve the carriage house in time for the summer season and begin reaping the revenues to further fix the building.
“We have an opportunity to invest and see a positive return in short order,” Scanlon said.
Staff writer Paul Leighton can be reached at 978-338-2675 or email@example.com.