The town has been raising taxes year over year since you moved in.
Year Property Taxes
$3,238 - $2,683 = $555
As you can see, taxes have increased $555 per year or a $46.25 per month.
To cover these higher town taxes, we will be raising your
rent in the next lease agreement from $1,350 to $1,450.
These taxes pay for things like the trash and recycling pickup,
Fire & Police services, road & snow plow services, and the
excellent education system of Waterford, including the Friendship school.
Your monthly rent increase also includes coverage for
insurance premium increases I have incured over the years.
Please know, the decision to increase the rent was not made lightly but was
necessary to keep our arrangement fair and equitable for both of us.
Thank you for your understanding,