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Finance Committee debates using short‑term rental tax to fund wastewater stabilization
Summary
Members weighed a proposal to dedicate 75% of short‑term rental tax receipts to a wastewater stabilization fund to finance the treatment plant, with some members favoring a higher share (80–85%) and others expressing concern about reducing the general fund cushion.
At the March 8 meeting the committee spent an extended period debating whether to allocate most short‑term rental tax receipts to a Wastewater Infrastructure Stabilization Fund intended to help pay for the town’s wastewater treatment plant. Bob (presenter/administrator) explained a proposal to direct 75% of short‑term rental receipts into the stabilization fund; he said the percentage is adjustable and that the intent is to create a sustainable revenue stream (an annual target of roughly $1.1–$1.2 million was discussed).
Committee…
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