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Rutland reports strong first tax installment receipts; board urged to space spending ahead of January
Summary
Town clerk/treasurer reported about 96% of the first tax installment collected; the board heard that a large school payment and bond instalments increased near-term withdrawals and was urged to pace spending ahead of the next tax cycle.
Town Clerk and Treasurer Carrie Clark told the select board on Sept. 23 that the town had collected roughly 96% of the first installment of property taxes and that the town is still awaiting about $200,000 in payments. Clark said the school check in the orders was a major outflow — described in staff discussion as a payment just over $3.2 million — and that bond payments and other large items left the town’s checking balance at…
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