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Acton board signals possible double-digit tax increase; rate to be set Aug. 28

Town of Acton Select Board · July 31, 2024
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Town officials told the Select Board they expect to set the tax rate Aug. 28 after a mid-August tax-commitment process; staff signaled a possible preliminary increase of about 12%, with offsets to be identified at an Aug. 14 meeting.

The Acton Select Board was told July 31 that the town will begin work on tax commitment in mid-August, with tax bills expected to go out on or about Sept. 1 and a goal of setting the tax rate at the board's Aug. 28 meeting.

Town Administrator Jennifer Roux said staff, Assessor Marc Roy and the treasurer will meet on Aug. 14 to calculate reserve use and preliminary rates. Roux reported the board had previously been told a possible 12% increase was under consideration; she said offsets such as revenue and assessment adjustments would be used in the final determination. The meeting record does not show a final rate or a board decision on reserves.

Board members did not vote on the tax rate at the July 31 meeting. The timeline provided by Roux frames the next formal steps: an Aug. 14 staff meeting to prepare options and an Aug. 28 board meeting to set the rate. No dollar totals for the town's budget shortfall were provided in the minutes.