To see if the Town will vote to raise and appropriate the sum of $750,000 for the purpose of adding to the Road Improvement Capital Reserve Fund previously established under Article 16 of the 1998 Annual Town Meeting.
What it means: $750K will be added to the Road Improvement Capital Reserve Fund. This is essentially a savings account that allows the Town to plan needed road work without having to ask for all of the needed funds in one tax year. Although the funds accumulate, they may not be spent except by approval of the voters via warrant articles at Town Meeting.
No one spoke for or against this Article at Deliberative Session, other than to explain it.
Fiscal impact: The estimated tax rate impact in 2026 is $0.12 per thousand. The estimated tax impact for a home valued at $600,000 is $73.89.
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