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The proposed FY27 town budget is currently projected to be $755,000 below the levy limit, but the capital budget is not final. The committee also noted that water infrastructure will be presented as a town meeting article and that the Select Board voted to increase water rates.
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The levy limit is the maximum amount the town can raise through property taxes under state rules. The preliminary budget remains below that limit, but major pieces—including capital spending—are still being developed. Health insurance costs currently use a 12% placeholder until a final figure is available in the coming weeks.
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