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The Board of Finance unanimously approved a 27.40 mill rate after the 2026–2027 budget passed by 263 votes to 33, with more than 89.9% voting in favor.
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The approved mill rate determines the property tax rate for the coming budget year. The board also discussed transferring $1.5 million from the General Fund to the Capital Fund, which would reduce the fund balance from 24.54% to 15.70%; the minutes do not record a vote on that transfer. Officials reported lower revenue from several sources and higher legal and snow-plowing costs.
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