Article 18. Transfer from Middle School Stabilization Fund

ARTICLE 18. To determine whether the Town will transfer from the Middle School Stabilization Fund $1,500,000 to be used by the Board of Assessors to reduce the tax levy for the fiscal year ending June 30, 2027; or take any other action relative thereto.

Article Explanation

This article seeks Town Meeting approval to transfer from the Middle School Stabilization Fund the amount of $1,500,000 to smooth the FY27 tax impact of the debt service associated with the Middle School Construction project.

Article Motion

That the Town transfer the sum of $1,500,000 from the middle School Stabilization Fund, to be used by the Board of Assessors to reduce the tax levy for the fiscal year ending June 30, 2027, to offset the debt associated with the school construction project.