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Delinquent taxes up to $445,654; Selectboard reviews sinking funds and debt
Summary
Dorset reported $445,654 in delinquent taxes as of April 4, 2025 (up from $365,923 a year earlier). The Board reviewed sinking fund balances (ARPA $582,000, Town Office Solar $125,000, others) and noted the 2021 Town Office bond of $3.6 million at 4.01%.
The Selectboard received the April finance report showing delinquent taxes of $445,654 as of April 4, 2025, compared with $365,923 at the same time last year. The FY25 budget stood at roughly 75% spent with 78% of the fiscal year elapsed; personnel and highway expenses were notable budget drivers. Reappraisal and Town Office construction items appear in the ledger but are expected to be reimbursed from bond proceeds.
Board members also reviewed sinking fund balances: ARPA $582,000 (with $202,000 available for use), Town Office Solar $125,000, Mad Tom Rd Site $175,000, Raptor Lane Feasibility $40,000, and other fund balances listed in the minutes. Debt figures recorded a 2021 Town Office Bond of $3,600,000 at a bond rate of 4.01%. The Board approved payroll and accounts payable by consensus for the week.
