Select Board allocates leftover Fuller‑easement bond funds to pending land purchase; revaluation notices to be mailed

The Select Board approved using $8,143 in leftover funds from a prior Fuller easement bond to cover closing costs and conservation expenses for the pending Newnan‑Munger land purchase. Town officials said the original bond appropriation had unspent funds following earlier expenditures and that the treasurer confirmed the $8,143 can be applied to the current conservation transaction. Conservation committee expenses for the Newnan‑Munger closing were reported in the $26,000–$27,000 range, with a grant covering up to $13,250; the remaining conservation costs were the amount proposed to be covered by the leftover bond funds. Separately, town staff updated the board on a property revaluation (the assessor’s review). Letters with new values were expected to be mailed at the end of the week or early next week, and the vendor (KRT) will host hearings in the coming weeks where residents can review and appeal valuations. Board members reminded residents that a change in assessed value does not directly translate to a tax increase until the town tax rate is set in the fall. The board moved and approved allocation of the $8,143 from the Fuller bond to the Newnan‑Munger transaction; one board member abstained from the allocation vote, according to the meeting record.