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Select Board authorizes sending May 1 reminder letters after treasurer reports $206,000 shortfall in current-year tax collections
Summary
Interim finance staff told the board the town is under-collecting current-year taxes by about $206,000, creating a general-fund shortfall and a highway deficit. The board voted to let staff send reminder letters to current-year taxpayers on May 1 and to do further analysis before any other measures.
Interim finance staff reported that the town is under-collecting current-year taxes, which has created pressure on the general fund and left the highway budget running a deficit. "By $206,000," the interim treasurer told the board when asked for a figure on the shortfall.
Board members discussed options including additional reminders, interest penalties and further investigation of the underlying causes. The board moved and approved a motion allowing staff to send reminder letters to current-year taxpayers on May 1. Members asked staff to prepare additional detail for the board ahead of potential budget adjustments or year-end reconciliations.
