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Finance committee preview: Tri‑County debt, building repairs fund and town property list on the annual warrant
Summary
At the April 9 meeting the finance committee reviewed major warrant articles to be considered at the annual meeting, including a free‑cash set‑aside for Tri‑County debt, a newly proposed building repairs fund, and a compilation of small town‑owned parcels recommended for disposition.
The Millis Finance Committee reviewed several notable articles that will appear on the town’s upcoming annual meeting warrant, including proposals to apply free cash toward Tri‑County debt, to create a rolling building‑repairs fund, and to place dozens of small, town‑owned parcels up for disposition.
Town staff explained Article 10 (Tri‑County debt payment) would apply previously set aside free cash to cover a portion of the district’s assessed debt this year; staff said the amount applied will reduce the near‑term assessment to member towns and that the town aims to stretch…
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