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Acton Select Board sets FY2025 tax rate at $7.07
Summary
At its Aug. 14 meeting the Town of Acton Select Board voted unanimously to set the fiscal-year 2025 tax rate at $7.07 per $1,000 of assessed value after a presentation explaining the components that produced the figure.
The Town of Acton Select Board voted Aug. 14 to set the fiscal-year 2025 tax rate at $7.07 per $1,000 in assessed value.
Tom McGurty, Select Board member, presented a spreadsheet outlining how operating budgets, reserves, school assessments and other components interact to determine the rate and recommended committing the $7.07 rate for FY2025. After questions and a brief public comment request for earlier school-budget review, McGurty moved to set the rate; the motion was seconded and approved unanimously.
The board emphasized adherence to existing town policies when using reserves and stated they will post detailed materials on the town website. Resident Joyce Bakshi asked whether the town could perform a similar, earlier budget review for the school to anticipate changes that might affect the tax rate; McGurty and other members said the town will seek earlier visibility into school budget trends where feasible.
The vote to set the FY2025 tax rate was recorded as a motion by Tom McGurty, seconded by Dan Norwood, and carried by unanimous voice vote of members present.
The Select Board said supporting documents and the rate-calculation spreadsheet will be posted online for public review. The board did not adopt any additional tax measures at the meeting.
