Plymouth Council allocates $1.4M budget to reduce taxes and fund air conditioning

The Plymouth Selectboard meeting held on June 23, 2025, primarily focused on budget discussions, highlighting the town's financial planning for the upcoming year. The board reported an unexpended balance of $1,400,000, which includes anticipated expenses such as health insurance.

The board outlined their strategy for utilizing this balance. They plan to address encumbrances first, and then allocate the remaining funds in various ways. A key decision made during the meeting was to retain the maximum allowable amount from this balance, which is expected to leave approximately $178,000 available to help reduce the tax burden for the next fiscal year.

The board also discussed the projected fall fund balance, estimating it to be around $344,000. They noted that if $425,000 in revenue is applied to lower taxes, it could result in a reduction of about 13 cents on the tax bill for residents of Plymouth.

Additionally, a significant portion of the unexpended funds will be directed towards necessary air conditioning replacements, underscoring the town's commitment to maintaining infrastructure.

Overall, the meeting emphasized careful financial management and planning aimed at easing the tax impact on residents while addressing essential town needs.