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Select Board sets town tax rate for fiscal year 2026 at 1.0033 after veteran exemption
Summary
After an initial motion to set the town rate at 1.0009, the board amended the motion to include a veteran exemption and approved a final town tax rate of 1.0033 for fiscal year 2026.
Town staff presented the components of the tax rate and the board discussed the homestead and nonhomestead components. A board member asked the select board to approve a starting town rate of 1.0009; during the paperwork check a veteran exemption allocation was noted and the board amended the motion to set the final town tax rate at 1.0033 for fiscal year 2026.
"I need you to approve 1.0009 as the town tax rate," a board member said during the initial presentation. After discussion about how the town's additional veteran exemption affects the rate, the chair amended the motion: "So I'll amend that prior motion to set the tax rate at 1.0033 for fiscal year 26." The amended motion carried on a recorded aye vote. Board members signed the tax-rate documents and discussed administrative details including whether to collect the late-filed homestead penalty (a separate vote taken later).
