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Scotland officials flag $246,000 state revenue shortfall and possible budget shifts
Summary
Treasurer David Zito and town officials said state aid cuts and changes to motor-vehicle valuation threaten FY26 revenues, prompting discussion of CNR contributions, capital timing and a possible STEAP grant match; the board reviewed department requests including a $50,000 extrication tool for the fire department.
Treasurer David Zito presented the proposed FY26 budget and warned that the town expects a significant drop in state revenues, estimating a $246,000 shortfall that will widen the gap the town must cover.
The presentation, delivered during the Board of Selectmen meeting on March 26, said municipal revenue pressures include changes to motor-vehicle valuation and veterans' tax exemptions. "We will have a significant gap in State Revenues; they are expected to decrease by $246,000," Zito told the board while outlining department request details and potential offsets.
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