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Finance director warns of roughly $500,000 town deficit; selectmen debate school cuts and possibility of override
Summary
Rita, the town finance director, told the board the current budget requests produce an estimated shortfall around half a million dollars and the selectmen discussed timing for regional school budget talks and whether an override would be needed in future years.
Rita, the town’s finance director, reviewed the consolidated budget summary and told the board the compiled departmental requests and current revenue estimates left “a half a million dollar deficit” in the town’s draft FY2020 budget unless offsets are found.
Nut graf: The shortfall stems primarily from large school budget requests and rising contractual obligations; the finance director and selectmen discussed waiting for the state’s House and Senate budget activity and regional school numbers before directing cuts, and…
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