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The Finance Director said a sewer rate increase is anticipated this year after the Sewer Department’s retained earnings fell below $1 million, the lowest level in some time. The committee also reviewed an approximately $100,000 annual cost for regional bus service and about $1 million remaining from last year’s $6.4 million certified free cash.
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Residents may see higher sewer charges this year, although no rate increase was approved at the meeting. Officials said the sewer account’s available balance has declined, while the last sewer rate increase was more than 15 years ago. The committee also reviewed rising bus ridership, a service costing about $100,000 annually, and unspent funds from prior Town Meeting articles.
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