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Town hears sharp revenue drop estimate and tentatively adds $30 vehicle fee to budget
Summary
Finance staff warned the board of an estimated $1,394,310 tax revenue reduction tied to contested property valuations; the board split on a proposed $30 municipal vehicle tax but reached consensus to include it in budget preparations.
Finance Officer Wanda Lurvey told the Board during a work session that contested property valuations and appeals could materially reduce the town's billable property values for 2024–25 and that she estimates a total tax reduction of $1,394,310.
"I can’t paint a rosy picture of the Town," Lurvey said, urging careful use of state HB259 funds. She told the board that real and personal property reductions are expected and that Evergreen is contesting valuation, asserting obsolescence at 91 percent;…
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