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This profile was last updated on 12/7/15  and contains information from public web pages and contributions from the ZoomInfo community.

Mr. W. Stuart Loosemore Esq.

Wrong W. Stuart Loosemore Esq.?

General Counsel and Director of G...

Phone: (508) ***-**** ext. ***  
Email: s***@***.org
Worcester Regional Chamber of Commerce
446 Main St. Suite 200
Worcester , Massachusetts 01608
United States

Company Description: The Worcester Regional Chamber of Commerce offers a member-to-member discount program, ChamberChoice. The opportunity for business development is tremendous; and...   more
Background

Employment History

  • Regional State Legislative Delegation
    Worcester Regional Chamber of Commerce
  • Staff Director and General Counsel
    Massachusetts House of Representatives
  • General Counsel and Director of Government Affairs and Public Policy
    Chamber
17 Total References
Web References
Lately, I read the name Stuart ...
www.telegram.com, 7 Dec 2015 [cached]
Lately, I read the name Stuart Loosemore, who has an awful lot to say about our tax rate. He has a lengthy title at the Worcester Regional Chamber of Commerce. While he might be an "important guy," I find it interesting that he draws his salary here, but does not reside here. In other words, he does not pay taxes yet he's quite opinionated when it comes to a lower rate for business. Residents should continue to pay a higher rate, why not ... it doesn't affect him one way or the other. Mr. Loosemore, when your title becomes "resident and taxpayer" then your opinion might be worth noting.
Stuart Loosemore, general ...
worcestermag.com, 24 Dec 2015 [cached]
Stuart Loosemore, general counsel and director of government affairs and public policy for the Chamber, said the math isn't as simple as comparing dollars and cents from last year to this year.
"They're dealing with the wrong set of numbers, just because they are so movable," Loosemore said. "The range of factors we could fall into are set year to year. Moving toward a 1.00 factor is the way you've got to look at getting to a single tax rate."
AWARE's numbers are technically correct, but according to Loosemore, they don't tell the whole story. The tax rate is measured per thousands in property valuation. Not only do property valuations change frequently, the tax levy, or the amount of money the city needs to raise through property taxes, changes yearly.
The commercial factor, on the other hand, is calculated by comparing the commercial tax rate to a theoretical single tax rate. This means the factor is static from year to year - cities with a single tax rate will always have a factor of 1, even if the actual dollar amount goes up or down. As Loosemore puts it, the number has "fewer moving parts" than comparing dollars per thousand of valuation.
Crowell contends using the commercial factor without the corresponding residential factor is wrong because it does not show people the whole picture. She also argues using the commercial factor at all is misleading because in terms of pure dollars and cents, the gap between the two rates increased.
"It's disturbing because the information is there in black and white," she said.
Loosemore tried to put his point in dollars and cents by translating last year's rates into what they would be with this year's property valuations and levy. To do this, he multiplied last year's commercial factor by this year's hypothetical single tax rate, $23.45. This results in an adjusted commercial rate of $31.79 for last year, which puts the rate this year 6 cents lower, supporting his claim that the city is moving closer to equality across residential and commercial tax rates.
...
Crowell remains unconvinced by Loosemore's mathematics wizardry, just as Loosemore believes in his system and discounts Crowell's intuitive view. Both sides are happy with the result of the latest tax vote, and no equation is going to change their mind.
"Anytime both sides can meet in the middle and agree on something, even though that's not exactly what happened this time, I think that's good," Loosemore said.
. Stuart Loosemore, ...
www.worcesterchamber.org, 24 May 2015 [cached]
. Stuart Loosemore, Esq.
...
Stuart Loosemore, Esq.
General Counsel & Director of Government Affairs and Public Policy
508.753.2924, ext. 222
But Stuart Loosemore, ...
www.telegram.com, 24 Nov 2015 [cached]
But Stuart Loosemore, director of government affairs and public policy for the Worcester Regional Chamber of Commerce, said those rates would shift more of the tax burden on to the local business community, with the median tax bill for business property owners going up by 7.48 percent, or about $652 annually. In comparison, he said the increase to the median residential tax bill would be 3 percent, or about $104 annually. He added it would also reverse the progress made in recent years to narrow the gap between the residential and commercial-industrial properties. "(Mr. Russell's) tax-rate proposal is totally unacceptable for the business community," Mr. Loosemore said in an interview.
Stuart Loosemore, director ...
www.telegram.com, 14 Oct 2015 [cached]
Stuart Loosemore, director of government affairs and public policy at the Worcester Regional Chamber of Commerce, said the chamber strongly supports the tax-relief plan because it will finally allow for the redevelopment of the El Morocco property after other plans had failed to get off the ground. He said Branded Realty is a well-known developer in the city, with a "sterling track record" when it comes to hiring local subcontractors for its projects. "We look forward to moving this project forward," Mr. Loosemore said.
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