Dear fellow Hanoverians:
Hanover Town Hall was bustling with activity last night, including meetings
of the Board of Assessors and the Select Board. At the Board of Assessors’
meeting, the Board voted to go back to recommending a split tax rate with a
shift to 1.04 for commercial, industrial and personal property, and .9926
for residential property. For more information about what this means,
please go to:
http://atotw.com/maillist/lt.php?tid=fRWYwBMNQSqME+0qZ8LVbJXUmv/r/1RHuiwuOp/jI/loqLt7nDOIRqoN783ZLADJ
. This shift is similar to the shifts made in fiscal years 2020, 2021, and
2022, but slightly up from the 1.0 (no split) rate for FY’23.
Immediately following the Board of Assessors’ meeting, the Select Board
voted to concur with the Assessors’ recommendation, but not before
discussing a shift of 1.1 for commercial, industrial and personal property,
which would have resulted in a .9814 factor for residential property, which
was voted down.
In other big news, the Select Board directed Town Manager Colangelo to
continue to prepare a budget override option for our consideration at the
Annual Town Meeting and Town Election of May of 2024. For the latest
budget news, please go to the presentation found here:
http://atotw.com/maillist/lt.php?tid=iM0+b10RBm2fS+FN5gU1KJXUmv/r/3RHuiwuOp/jI/loqLt7nDMYRqoN783ZLADJ
. The listings of potential service cuts without the override begin about
2/3 of the way through the presentation.
Now is the time to begin to educate yourself regarding our budget for next
spring! Be the one who knows what they are talking about at Thanksgiving
this year! And best wishes to you and your family over the holiday
weekend. :)
For “Around Town on the Web”,
Cathy H-B
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