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An assessor’s review found 66 Great Hill Road significantly overvalued compared with similar properties, resulting in a 30% reduction; the Finance Subcommittee forwarded the matter to the Town Council.
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The valuation reduction may lower the property’s tax burden, although the meeting did not state the resulting dollar amount. The Subcommittee also advanced a bundled police camera and Taser contract for Council consideration and reviewed potential Public Works budget overruns after the January 24 storm. A draft financial audit found no material issues and showed the fund balance increased by approximately $300,000.
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