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Templeton tax rate approved at $11.87; select board debates reserve policy and use of free cash
Summary
The Massachusetts Department of Revenue approved Templeton—s tax rate at $11.87 (down $0.25). At a recent select board meeting, members debated reserve-fund policy and whether to limit use of one-time free-cash for operations, with figures cited showing a 67% reserve policy versus a proposed 15% alternative.
The Massachusetts Department of Revenue, Division of Local Services approved Templeton—s property-tax rate at $11.87, the hosts said; that is $0.25 lower than last year—s rate of $12.12.
On Dec. 8 the select board discussed how to treat free cash and the town reserve fund. One speaker defended a…
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