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TMLP approves voluntary payment in lieu and $12.87 million in city employee benefits/overhead for FY2025
Summary
Commissioners approved a voluntary payment in lieu of taxes and voted to remit $12,870,698.43 for debt service, employee benefits and city overhead for fiscal year 2025; the mayor requested $2,995,000 but the motion recorded $2,000,995.
At its Dec. 3 meeting, the Taunton Municipal Light Plant approved two fiscal items requested by the City of Taunton: a voluntary payment in lieu of taxes and the city’s employee benefits and overhead charges for fiscal year 2025.
A letter from Mayor Sean O'Connor O'Connell requested a voluntary payment in lieu (PILOT) of $2,995,000 for FY2025 and asked that the item be…
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