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Advisory committee asks for five-year rebate history before recommending release of overlay funds

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Summary

Advisory members discussed Roselli audit findings that the assessors' overlay account is conservatively funded and agreed to gather five years of rebate and overlay data before making a recommendation on returning excess overlay funds to the general fund.

After hearing the Roselli audit report noting that the assessors' overlay account was funded at a level the auditors described as "too conservative," the Templeton Advisory Committee voted to gather five years of actual rebate and overlay-use data before making any recommendation about returning excess overlay…

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