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Select board reviews 2026 budget; considers dissolving TIF district to return revenue to taxpayers
Summary
Finance presented a recommended 2026 operating budget with a 5.04% increase; the board discussed using expendable trust funds to phase in ambulance contract increases and debated whether to place a warrant article on the 2026 ballot to dissolve the town's TIF district after the bond is paid off.
Finance staff presented a revised recommended operating budget of $8,792,117 for 2026, a 5.04% increase over the 2025 operating budget as of the update. The presentation noted that merit or cost‑of‑living adjustments were not yet reflected and would be added next week. Board members asked detailed questions about payroll impacts, the ambulance contract and one‑time items that had inflated line items in 2025.
Board members discussed a plan to soften the…
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