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Treasurer flags roughly 12% rise in employee benefit costs in Mount Holly budget
Summary
Town Treasurer Liz Karle told the Select Board that an approximate 12% increase in general employee benefits (retirement, childcare, payroll taxes) is a sizable driver of mid‑year budget adjustments.
At the Jan. 6 budget workshop, Town Treasurer Liz Karle identified a roughly 12% increase in general employee benefits as one of the larger changes affecting Mount Holly’s draft budget. Karle specified that the increase covers retirement, childcare and payroll taxes and described it as a material adjustment beyond the small mid‑year corrections made elsewhere.
Select Board members heard the Treasurer’s explanation but did not take a formal vote on budget adoption. The Treasurer’s identification of the 12% adjustment will be folded into further deliberations as the board continues its review at the Jan. 13 follow‑up meeting.
