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Waterford Board of Finance to review revenues, set FY2027 tax rate
Summary
The Waterford Board of Finance will review projected FY26/27 revenues and the RTM-approved budget before formally establishing the fiscal year 2027 tax rate at its May 27 meeting; the agenda includes no recorded vote results.
The Waterford Board of Finance listed review of projected FY26/27 revenues and the Representative Town Meeting (RTM)–approved budget and scheduled establishment of the town—s FY2027 tax rate at its May 27 meeting. The agenda indicates the board will consider revenues and the RTM—s budget before taking action, but it does not record any vote or decision.
The item appears on the agenda as a single sequence: a staff review of projected revenues followed by a formal motion to set the tax rate for Fiscal Year 2027. The agenda text refers to the RTM-approved 2027 budget as the basis for the estimate; it does not identify a presenter for the revenue review or provide supporting financial exhibits in the agenda packet.
Correspondence listed with the agenda includes periodic financial statements and quarterly treasurer reports that the board may use in deliberations, including periodic financial statements and a quarterly treasurer—s report through March 31, 2026. The agenda also notes that some appropriation and transfer requests listed elsewhere may be forwarded to the RTM for approval, indicating that any final tax-rate action could be affected by subsequent RTM decisions.
No tax-rate amount or estimated mill rate is included in the agenda text. The agenda does not record a vote, so whether the board will set a final rate at the meeting or defer action is not specified. The next procedural step recorded in the agenda is that the board may forward items that require additional appropriations to the Representative Town Meeting for approval.
