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Incorporating Cost into the Point System
In order to take into account the financial constraints
on acquisition, the number of points that each parcel received is
related to the the amount of money per acre that would be necessary
to purchase the parcel. The number of points awarded to the parcel
was divided by the cost of the parcel per acre. The ultimate unit
for rating the parcels turned out to be points/dollars/acre.
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area in the calculation, because the number of points that the
parcel received is independent of the area of the parcel (with
the exception of the area category). For example, a 100 acre
parcel that had 50 acres of wetlands will receive the same number
of points for wetlands as a 10 acre parcel with 5 acres of wetlands.
This normalized score had to be divided by a normalized cost.
In other words, the amount of money that one would have to pay
per acre of resources, along with the priorities set by the
scoring system, is what is being evaluated |
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This calculation creates a scoring system that identifies
the maximum amount of resources that can be purchased for the minimum
cost. More discussion of this is located in the
potential impacts section of this site, where the implications
of this are analyzed.
One fundamental flaw in this process is the relationship
between assessed value and the market value of the land. It is very
difficult to quantify this difference for all the parcels in the
town. Efforts have been made to better understand this relationship,
but they have been met with resistance from the Tax Assessor.
There should be some relationship between the relative
market values of property, and the assessed value. The relative
value is more important for this analysis then the actual value
of the property, because the parcels of land are being ranked against
one another.
More discussion of the limitations of assessed value
is in the discussed in the potential
impacts limitations page.
For the purposes of this study the assessed value
is taken as the market value of the property.
Special thanks to Ruth Platner, of the Charlestown
Conservation Commission, for helping solve some of the problems
to make this portion of the point system work.
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