Good news: your taxes for FY2025 will be lower. Bad news: it's because you paid too much last year.
Image by Adobe Firefly AI Last night the Select Board held the town's Tax Classification hearing, clearing the way for the town to submit tax rates for FY2025. Though the appropriation approved in May was up 4% over the previous year, many tax payers will pay less in taxes for FY2025 (the year ending in June) because the town approved a budget that uses $1,000,000 in free cash (unused balances from prior years) and stabilization funds. This is a victory for residents who pressed for a budget that more accurately portrayed expenses after two years of wildly inflated budgets, but we'll need to continue pressing for transparency and accurate budgeting.