Conway ups its CPA tax to full 3 percent
CONWAY — Conway residents agreed to a $16 annual tax increase to support housing, historic preservation, open space and recreation.
Town voters on Thursday supported a tax increase for the Community Preservation Act money by 111 to 101.
The town will now move from a 1.5 percent community to a 3 percent community with a full state match.
The increase translates to a $16 tax bump for a median assessed home valued at $274,500,
The CPA surcharge would increase from $60 to $76. It would be effective July 1. There would also be an exemption from the property tax surcharge for the first $100,000 of the value of each home.
There were no surprises in this year’s election. All seats were uncontested. All incumbents were re-elected.
A total 214 voters turned out or 14.6 percent out of a total 1,464 registered voters.