Description
The Town of Tisbury is seeking a qualified municipal‑finance consulting firm to conduct a comprehensive review of its fee, revenue, and property‑tax classification structure. The scope is divided into five tasks: (1) inventory and benchmark existing fees, (2) identify new revenue tools permitted under Massachusetts law, (3) compare Tisbury’s structure with peer municipalities, (4) analyze residential exemption and tax‑classification scenarios, and (5) deliver prioritized recommendations with an implementation roadmap. The engagement must be completed within a 150‑day window, with a preliminary briefing at about 60 days, and is funded with a not‑to‑exceed budget of $40,000.
• Compile inventory of all current municipal fees and benchmark against peers.
• Identify untapped revenue opportunities and model tax‑exemption scenarios.
• Produce a final report with revenue impact estimates, legal steps, and implementation timeline.