Mike Beaulieu writes
So, from what I read this would be an increase in taxes of $0.14 per $1000 of taxed property value.
Correct
So if your taxed property value is $500,000 your tax increase for the theatre would be $70.00 per year, is that correct?
No. The Theatre is attempting to raise $100,000. – This is an assent bylaw of the RDOS (Area C and Town) that contemplates a rise in that expense over the course of twenty years. The average home in 2015 would pay about $18.00 a year or $1.50 a month. Some homes paying less and some more depending on value.
How much net revenue is the theatre projecting to generate from operations?
How much would it cost to see a performance at the theatre?
Let’s deal with the use. Some use of the Theatre is free: school use and community use. Local ticketed performances will be at a lower rate than a commercial rate. Each performance will have a ticket price set by the organization using it or type of performance – not by the Theatre. The Theatre collects the rent. Back to the first question – the Theatre contemplates at least 2-3 times the amount of performances than in the past when it was an auditorium in 2011. Professional management is expected to make that grow and grow.
What would attending that performance cost if people vote no?
The owner of the building – School District #53 – would have to decide how it would operate.
Would the theatre not operate and be mothballed if people vote no?
It would not have professional promotion, marketing and in-house staffing. It would always be attached to SOSS and its students.
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