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The committee reviewed Annual Town Meeting warrant articles, including a proposed $1.6 million WIIF balance approval, beach renourishment funding, Community Preservation Act appropriations, and renewal of a payments-in-lieu-of-taxes agreement for canal units 1 and 2. Final votes on the warrant articles were planned for March 31.
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The committee examined several funding and revenue proposals that may require Town Meeting approval, including beach work supported by 20% of beach revenues and Community Preservation Act funding for open space and recreation, affordable housing, and historic preservation. Members also discussed a proposed three-year renewal of the canal units 1 and 2 tax-replacement agreement, with the amount level-funded in the first year and reduced by 8% in each of the next two years. The committee raised questions about a 6.9% budget increase, but no final warrant-article votes were recorded at this meeting.
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