Present:
- Gary Pitney, Chair
- Tom Stokes
- Doug Goudey
- Michael Blay, Town Assessor
- Michael Canales, Town Administrator
- Canales explained in preparing the budget, he sought a letter from the Board of Assessors beginning the process of transferring $20,000 from the “Overlay” Surplus to be used for the added costs associated with the “reval” (revaluation- see note) under way this year.
- This money is put aside each year by the Board of Assessors as required by the Commonwealth to off-set abatements
- Goudey asked if it is okay to take surplus for expenses; Canales said yes
- Canales said there was approximately $60,000 in Overlay and might need the balance next year. Canales asked for letter by end of month to assure transfer of $20,000 at the right time.
- Moved and approved to write letter requesting $20,000 from surplus for “reval” expenses
- Goudey said we should be proud of our tax rate and spending
- The Chair moved meeting into executive session
Meeting adjourned
Editor’s note: The Mass Revaluation is an update of all assessments within the community conducted by the Board of Assessors under the direction of the Department of Revenue. Mass law requires that all property in the town be assessed within ten percent of market value every three years.
