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The parties agreed to prepare two budget options for Town Meeting: one with a $2 million override or debt exclusion and one without it. The School District will hold a public budget hearing in March.
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The meeting did not choose between a permanent override and a temporary debt exclusion. Instead, officials will show how school and town budgets would differ depending on whether voters approve funding to cover the $2 million gap. The debt exclusion discussed would last about 8 to 18 years, while an override would create a permanent tax increase.
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