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Council weighing tradeoffs: fund‑balance, fee changes and targeted tax increases to meet capital and staffing requests
Summary
Council and staff discussed options to pay for the departments’ requests: partial use of fund balance, a dedicated fire tax (one cent ≈ $660,000), targeted market adjustments over multiple years, and capital reprioritization; administration will return with refined debt schedules and prioritized options.
Council and staff used the departments’ presentations to frame town‑wide funding choices. Administration said the current draft budget already assumes using $2.5 million of fund balance and noted an earlier planned draw of $5 million for beach nourishment, meaning the town has planned one‑time draws for capital this cycle.
Staff and council discussed…
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