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Committee inserts pilot-fund language to route surplus revenues toward town highway aid
Summary
Staff told the committee the draft adds amounts appropriated from the pilot special fund for grand-list and appraisal assistance (≈$3.4M) to the deductions that must be exceeded before half of any remaining local-option pilot revenues are dedicated to Town Highway Aid; the committee agreed to include that language in the draft.
The committee agreed to include revised language in the local-options pilot fund provision that would add amounts appropriated from the pilot special fund to the set of deductions the pilot revenues must exceed before half of any remainder is dedicated to Town Highway Aid.
Staff member (speaker 2) explained the change: the draft now counts amounts appropriated from the pilot special fund to the Department of Taxes for grand-list and appraisal…
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