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Select Board budget listed at $2,909,897; $2,293,292 to be raised in taxes
Summary
At a special Fair Haven Select Board meeting, staff reviewed the Select Board budget of $2,909,897 and said $2,293,292 would be raised in taxes; the draft was changed by adding an Article 5 to create a reserve fund for local-option tax receipts.
At a short special meeting, Joe explained the Select Board budget and the town’s tax requirement. "It shows the Select Board budget of $2,909,897," Joe said, adding that $2,293,292 would be raised in taxes.
Joe told the board the warning differs from the prior draft because the board added Article 5. The addition aims to create a reserve fund for local-option tax receipts and to restrict those funds to infrastructure spending. The revenue figure in the transcript is unclear in one line; the meeting record lists the amount to be raised in taxes as $2,293,292.
