There's a lot of talk in town right now about higher taxes if the town gives the School Department the full 2.5% property tax transfer they've requested . But here's the bottom line: for the average $338,000 home an accurate way to quantify the tax implication of the sought after 2.5% increase for the school department is to compare the effect of the town manager's proposed 3.31% increase in the property tax to a 4% increase scenario.
The difference comes out to $3.10/month or about $37/year.
Town Council meets on 3/18 at 6:30p.m. to vote on funding our schools.
See the info below for more information about the budget and how our schools have been funded in recent years.