Tax payments now might save on taxes later

This suggestion is from Needham selectman, former Norfolk County administrator, and attorney Dan Matthews – Dan suggests accelerating the payment of the rest of your FY18 real estate taxes before the end of the calendar year, if you will not get to deduct the full amount in 2018, due to the new federal tax bill (I believe local real estate taxes will only be deductible up to $10,000/year starting in 2018).

Merry Christmas!  Happy Holidays! 

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Dear Friends-

If a combination of cheery greetings, politics, and tax accounting is too much for one email, please accept my Best Wishes for the Holidays and ignore the rest of this.

But it’s become apparent that as a result of the latest tomfoolery in Washington, almost every Massachusetts homeowner who will itemize deductions for 2017 can save measurably on US income taxes by pre-paying the second half of their FY18 city/town property tax (i.e., the payments that will be due in Feb and May of 18) NOW, before Dec. 31.

Not everyone can swing that on such short notice.  If your taxes are paid from mortgage holder escrow, you would have to notify the bank (and still probably have to do the prepay yourself and adjust later).  And there are only four business days left in the year.  And did we say the Holidays?

But with some exceptions, the dollar amount involved equals approximately the half-year property tax bill times your marginal US tax rate, which should make the effort worthwhile for (tens of?) thousands of people in MA, most who know little if anything about this.

I’m sending this along to friends who may be affected or themselves have friends or family it applies to.

I’m not a tax expert, and everyone’s situation is different- if you have questions, you may want to check with a tax advisor. But this is the basic information as I understand it.

Some cities/towns are posting prepayment information of their websites, and there is likely to be news information about this as well, but the window is short.

If you feel guilty about taking advantage of this break you can:

– consider it part of your patriotic duty to help show how wrong and reckless this new tax law is.

– make an additional donation to the charity of your choice (still deductible!).

 

I hope this is helpful.Happy Holidays!

 

Dan Matthews

 

 

 

 

 

New Life closed holiday week

From New Life Furniture Bank of MA –

new life

New Life Furniture Bank in Walpole will be closed starting Saturday, December 23rd and will reopen on Tuesday, January 2nd.

In the new year, donations may be dropped off at the warehouse starting Saturday, January 6th from 9-11:30.

Thank you, and happy holidays!

Help secure Medfield’s future

Please consider a year end gift to the Medfield Foundation, especially becoming a founder of the Medfield Foundation Legacy Fund, an endowment for your town.

Join your fellow residents to assure our community’s future, for our families and for our children!  Make your own mark on Medfield!

Building Community The Medeld Foundation thanks all of the individuals who made generous contributions in support of the Medeld Foundation Legacy Fund this past year MFi’s Legacy Fund is an Endowed Fund which will enable strategic grant making to enhance the quality of life here in Medeld. With the backing of our donors and volunteers, the Medeld Foundation continues to be a civic hub of empowerment regarding key issues that face our community today and in the future. Below are the names of those who contributed to the Legacy Fund at the Founder level this past year. We hope you will add your name to this list of respected civic leaders now or in the coming year. Thank you: Helen and Paul Dewey Dorrian and Dean Fragola Leanne and Michael LaBelle Barbara and Robert MacLeod Abby and Jerey Marble Emily and Michael Marcucci Lisa and Chris O’Sullivan Deborah Bero and Osler Peterson Marianne and Stephen Phillips Georgianna Oliver and Todd Trehubenko Susan and Evan Weisenfeld Bonnie Wren-Burgess Medeld Foundation’s Legacy Fund The Medeld Foundation is a 100% volunteer run 501-(c)(3) non-prot charitable corporation whose mission is to enrich the lives of Medeld residents, build a stronger community, and facilitate the raising and allocation of private funds for public needs in the town of Medeld. MFi has raised over $1.8 million since its founding in 2001. The Medeld Foundation Legacy Fund is an Endowed Fund of the Foundation for MetroWest in partnership with the Medeld Foundation. We invite you to join the community of donors who will make it possible for us to conduct strategic grant making to further enhance our quality of life in Medeld. For information on how to give, go to www.medeldfoundation.org or contact MFi President Evan Weisenfeld at evan@medeldfoundation.org or (774) 469-0260

Thank You from the 2017 Angel Run Team

From the Medfield Foundation’s ANGEL RUN team –

Thank you from the 2016 MFi Angel Run Team
View this email in your browser
 angel-run-2016

 

Dear Angel Run Nation,

You did it again! You all came out in good cheer and with bells on to make the 2017 MFi Angel Run one for the record books.  With your participation we can know that those in our community who need some extra assistance will have their needs met. The generosity of time, talent and enthusiasm from all is the reason we put this event on year after year. Together we are building a stronger Medfield and truly helping our fellow community members.

MFi has a Flickr site with high resolution photos available for you to download at no charge. Photos will be added as they become available. Be sure to follow us on social media for notifications. And if you have any photos, be sure to upload them so everyone can benefit!

 

 angel run 2017 start
Go to Flickr to see hi-res photos from the 2017 Angel Run

 

 

In addition, RaceWire, the company that provided the timing system at the event, took photos at the finish line. Here is how to see those picures.

  1. Go go: RaceWire.com
  2. Search for 12th Annual Medfield Foundation Angel Run
  3. Click to see photos at the finish line or results

 

Check out the RaceWire.com Photos

 

 angel run 2017 finish line

 

Race Results

If you haven’t already done so, you can view your race results on RaceWire as well.

 

 angel run 2017 results
Check out Race Results on RaceWire.com

 

 

Check out the Angel Run Video!

angel run 2017 santa video

Be sure to check out the 2017 MFi Angel Run video
posted on the Medfield Foundation Facebook page.

 

 

Your Opinion is Important

Don’t forget that the Angel Run survey is still open and we value your feedback. Please reply by 12/31/17 to help us make the race even better for next year.

 

 

We Need Your Help!

A few of our key team members have “retired” and we are looking for people to join the team to help plan the 2018 event. As you know, the Angel Run is fully run by volunteers from the community and we cannot do it without people being generous with their time and skills. Specifically, we know we need volunteers in the areas of Treasurer, Post Race Party Coordination and Marketing and Communications. We have an experienced group of leaders and a great team that work closely together and will help any new volunteers with any questions. We’d love to have your involvement, so be sure to respond in the survey and let us know if you would like to help or if you have any questions at all.

 

 

Thank You and Save the Date

Save the date for the 2018 MFi Angel Run on December 2, 2018. We hope to see you there. Cheers to all and many thanks from the bottom of our hearts,
 
The 2017 MFi Angel Run Committee

 

 

Copyright © 2017 Medfield Foundation, All rights reserved.
You registered for the Medfield Foundation Angel Run

Our mailing address is:

Medfield Foundation

Medfield Town House

459 Main Street

Medfield, MA 02052
Add us to your address book

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Correction – there were five ATM citizen petitions, but duplicate

Follow up from Mike Sullivan –

When I sent you the article Tony Centore submitted, I thought all of the sheets were for the same article. In certifying the signatures, Carol found that there were four separate petitions submitted. I’m sending them to you for your information. Carol said that petition (D) is the same as petition (A) and that the signatures were the same so she did not certify petition (D). That means that petitions (A), (B), (C) and (E) have been certified, so there will be four citizen petitions on the warrant relating to senior housing. All five petitions are scanned, but only four articles will be on the warrant.  Sorry for the confusion. Mike

VOTER PETITIONED ARTICLE FOR TOWN MEETING (A) To the Board of Selectmen: We, the undersigned voters of the Town of Me4field, hereby petition the Board of Selectmen pursuant to MGL JJ~~-tb~ Board of Selectmen to remove Lot 1 (Hinkley Property) and Lot 3 from the control of the Medfield State Hospital Planning Committee and transfer said control to the Medfield Senior Housing Study Committee and the Council on Aging (COA) or other Town Board. Further to direct the Board of Selectman to expeditiously enter into a Local Initiative Project (LIP) on Town owned land on Lot 1 (Hinkley Property) off Ice House Rd. The land or any portion thereof shall be incorporated into said project at no cost by donation to the Affordable Housing Trust. The project shall contract with a developer to build appropriate and affordable Senior 65+ housing featuring ranch type condominiums with price points between $350,000 to $500,000 with preference for Medfield Seniors. Land will continue to be owned by the Town. In addition the details of said housing shall be subject to approval of the Senior Housing Study Committee and the Council on Aging. Or take any other action in relation thereto. Printed Name Address Signature 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11 12. ~ VOTER PETITIONED ARTICLE FOR TOWN MEETING (E) To the Board of Selectmen: We, the undersigned voters of the Town of Medfield, hereby petition the Board of Selectmen pursuant to MGL Chapter 39, $.t.£t.!.20171215-ATM-ctizen petitions-A-E_Page_220171215-ATM-ctizen petitions-A-E_Page_320171215-ATM-ctizen petitions-A-E_Page_420171215-ATM-ctizen petitions-A-E_Page_5

Citizen ATM warrant article for senior housing

Mike Sullivan share this morning the following citizen petition for an annual town meeting (ATM) warrant article that Mike received Friday from Tony Centore, Chair of the Senior Housing Study Committee.  Citizen petitions for ATM warrant article need ten signatures to qualify for inclusion in the town meeting warrant, and this petition contained seventy-five signatures.

The Medfield State Hospital Master Planning Committee is working towards a special town meeting (STM) in March 2018 where both Lot 3 and the Hinkley parcel are recommended to be developed as senior housing – a 42 unit 40B rental project on Lot 3 and a 12 unit ownership proposal for the South end of the Hinkley parcel, respectively.

VOTER PETITIONED ARTICLE FOR TOWN MEETING (D) To the Board of Selectmen: We, the undersigned voters of the Town of Medfield, hereby petition the Board of Selectmen pursuant to MGL Chapter 39, Section J 0, to insert the following article in the Warrant for the X_Annual Special Town Meeting to be held on April 24, 2018 To see if the Town will vote to: To determine whether the Town in order to expedite development along Ice House Rd. will vote to authorize the Board of Selectmen to remove Lot 1 (Hinkley Property) and Lot 3 from the control ofthe Medfield State Hospital Planning Committee and transfer said control to the Medfield Senior Housing Study Committee and the Council on Aging (COA) or other Town Board. Further to direct the Board of Selectman to expeditiously enter into a Local Initiative Project (LIP) on Town owned land on Lot 1 (Hinkley Property) off Ice House Rd. The land or any portion thereof shall be incorporated into said project at no cost by donation to the Affordable Housing Trust. The project shall contract with a developer to build appropriate and affordable Senior 65+ housing featuring ranch type condominiums with price points between $350,000 to $500,000 with preference for Medfield Seniors. Land will continue to be owned by the Town. In addition the details of said housing shall be subject to approval of the Senior Housing Study Committee and the Council on Aging. Or take any other action in relation thereto.

New town website

It is live today – http://www.town.medfield.net/.   Nice clean look, with easy to use interface.  And you can sign up to get notifications of meetings and agendas.

town website

The other Medfield

The Medfield in Maryland that appears to be a neighborhood or part of Baltimore, appears to have a nice looking sign (although I think we got more snow) –

Medfield, MD

Teachout leads Chamber

Medfield’s own Chris Teachout of Needham Bank to lead the Newton-Needham Regional Chamber – this from the Newton-Needham Regional Chamber today –

NNC logo

Teachout elected chair of chamber’s board 

 

The Newton-Needham Regional Chamber’s Board of Directors has elected Chris Teachout, vice president for Business Development at Needham Bank, as its new chair, effective Jan. 1.

Teachout

Teachout replaces Rachel Hillman Foy who has completed her two-year term and will remain on the board as immediate past chair.

 

 

“My  election as Chair of the Newton-Needham Regional Chamber is really significant as I am the fourth generation of my family to be raised in Needham,” said Teachout. “My fond memories of what it was like as a child growing up in this town are everlasting.

 

“Just as is the case with Newton, much has changed in my hometown and, in my opinion, for the better. The chamber has played a significant role in this evolution and I look forward, as the new chair, to continue with the progress we’ve made. It’s a very proud moment for me. I know my grandfather, who worked at Needham Bank, would be especially proud. I look forward to serving.”

 

The chamber board reelected Barry Brown, president at Mount Ida College as a vice chair and elected Samantha Sherman, chief development and external relations officer for Beth Israel Deaconess Hospital Needham and John Spino, a founding partner at Dwyer, Ruggieri, Spino and Goncalves to serve as vice chairs. Allison Yee, director of retail incubation at WS Development will serve on the executive committee as clerk and Bruce A. Gold, CPA, principal at ALL CPAs will serve as the chamber’s treasurer.

 

“I’m very grateful to Rachel for her leadership as our board chair for the past two years and am looking forward to working with Chris and our new executive board members as we continue our efforts to take this chamber to the next level,” said Greg Reibman, the chamber’s president.

Meetings yesterday

The Board of Selectmen held a meeting yesterday afternoon with seniors at The Center, for a no holds barred discussion of the options, status, and timing for senior housing.  I learned a lot.  Selectmen were supported by members of the Medfield State Hospital Master Planning Committee, who did the heavy carrying about explaining the status of that committee’s huge amount of work with respect to the redevelopment of the former MSH site.

Then Gus and I attended an evening regional selectmen meeting in Millis, attended by selectmen from six towns (see Medfield Press article below), where we discussed how each town is dealing with 40B, marijuana, and the new Federal stormwater rules.  I learned a lot there too.

20171207-BoS-Senior housing meeting

Region’s selectmen convene

MILLIS – Local officials from several towns led a discussion Thursday on the deficiencies and possible reform of affordable housing rules.

Selectmen from Medway, Ashland, Hopkinton, Holliston, Medfield and Millis – convened in Millis to discuss a number of issues of regional importance, such as stormwater management, retail marijuana regulation and the voting process at town meetings. The towns have met several times over the past year.

Medway Town Administrator Michael Boynton noted that the “40B” affordable housing legislation – which allows developers to circumvent certain local zoning bylaws if their project has an affordable housing component and the town falls below a 10 percent affordable housing threshold – first went into effect in 1969.

“It’s not going anywhere,” he said, noting that a ballot initiative to repeal the rule in 2010 had failed. He added that many towns, when they reach the 10 percent threshold, lose interest in reform.

Boynton said the town had experienced – in the last 18 months – both friendly and unfriendly 40B developments.

Medway Selectman Glenn Trindade said the legislation, as currently written, does not solve the affordable housing problem in the most efficient way. He said apartments are most in demand, but developers want to build houses. With apartments, he noted, the residents’ incomes are reviewed after a period of time to ensure they still quality; the same does not occur with houses or condos.

“What we’ve got with this system is someone hits the lottery (and is awarded an affordable house or condo), and you help one person,” he said.

Fellow Selectman Dennis Crowley said he was concerned about what happened to affordable housing units. He said the town had seen instances in which condo owners had bought their units, refinanced at the market value of the condo, pocketed the difference and left. He also cited incidents in which people owned the units, but moved out and rented them to other people.

“Nobody’s monitoring these units,” he said.

Boynton suggested several reforms to the law. One change would allow towns to prioritize senior housing, while another would tie developments to a municipality’s master plan.

State Rep. Shawn Dooley, R-Norfolk, noted the difficulty of changing the legislation. He said he was pursuing reforms that would allow a slightly higher-priced unit to count as a percentage of an affordable housing unity. He pointed at his hometown of Norfolk as an example of where such housing is needed.

“We’re losing teachers, firefighters and police officers – they can’t afford to live in town,” he said. “We have (affordable housing) at $130,000, and the next house up is $500,000.”

Mike Gleason can be reached at 508-634-7546 or mgleason@wickedlocal.com. For news throughout the day, follow him on Twitter @MGleason_MDN.