Treasurer: tax collections down ~4% and town can avoid interfund borrowing
Treasurer Laurie Childers reported Oct. 6 that property tax collections are about 4% below last year’s level but the Town will not need interfund borrowing to meet the Oct. 7 school tax payment; she also piloted direct-debit tax payments and processed a large escrow file upload to reduce manual entry.
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Treasurer Laurie Childers told the Selectboard that, despite a roughly 4% decline in property-tax collections compared with FY26, the town will not need to use interfund borrowing to make the Oct. 7 school tax payment. "As of collections recorded through this afternoon and the estimated school taxes due on Oct 7 there will be no need for interfund borrowing to make that payment," Childers said.
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