As we ready for Town Meeting on May 16, 2023, the Town will be presenting information every day on different warrant articles.
Article 27: Transfer funds from overlay surplus to Fiscal Year 2024 General Fund
The overlay account is a special account under the control of the Board of Assessors and is used to pay for tax abatements and tax exemptions. Annually, the Board of Assessors may release any surplus funds not needed in that account. Once those funds are released, they can be appropriated by Town Meeting for a specific purpose. The $190,000 being released will be used to pay for one time expenses by the Assessing Department.
