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Essex Junction leaders preview $12.42 million general fund budget, outline tax impact
Summary
At an informational meeting, city staff presented a proposed FY2026 general fund budget of $12,419,241 and described an estimated tax-rate increase and program-area breakdown; residents questioned how recreation administration costs are allocated between the general fund and enterprise/program funds.
At an informational meeting of the City of Essex Junction, Moderator Steve Eustis read Article 1: “Shall the voters approve an annual general fund budget in the amount of $12,419,241 for fiscal year 07/01/2025 to 06/30/2026, $11,405,931 of which is to be levied in taxes against the City?” Regina Mahoney, City Manager, then presented the budget overview and tax impacts.
Mahoney said the FY2026 general fund is a $415,000 increase, “and that is a 3% increase on the General Fund.” She described the proposed tax-rate change as a $0.012 increase that would raise the tax bill by about $73 for a $280,000 assessed-value home — a 2.6% change versus FY2025 — and noted that the slide…
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