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RSU 06 board debates using $4 million of fund balance to mitigate taxes

2521970 · March 4, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Board members and residents questioned a proposal to use $4 million of the district’s fund balance to offset taxes, raising concerns about longer‑term cliff effects and how much unspent budget stems from unfilled positions.

RSU 06 officials presented a proposal at the budget workshop to use roughly $4 million of the district’s carry‑forward fund balance to lower the upcoming tax assessment. Board members and residents pushed back, citing the risk of a future “cliff” if the district relies heavily on fund balance year after year.

The district business manager summarized fund‑balance history from the packet, noting an estimated FY25 year‑end fund balance near $8.6 million and that the proposed approach would draw $4 million to mitigate taxes. “I…

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