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Council submits FY 2025–26 budget to state; no tax-rate increase proposed
Summary
Finance chair presented a $984,667 budget for FY 2025–26, saying the package pays town bills and leaves room for improvements without raising the town's tax rate; council voted to submit the budget to the state for review.
The council voted to submit the proposed fiscal year 2025–26 budget, totaling $984,667, to the state for review. Finance committee members said the budget was prepared without a property-tax rate increase and is intended to pay operating bills while providing limited room for improvements.
"We don't have to raise property taxes," the finance chair said while outlining the package, and moved that the council submit the budget to the state. After a second, the motion carried by voice vote. The chair noted the state may require adjustments; the formal levy will be set on the third Tuesday of April following any state feedback.
