Politics & Government
Andover Town Meeting Tonight
The average residential property tax bill would increase $323 if voters approve the budget.
Andover's annual Town Meeting will be held tonight at 7 p.m. at Andover High School.
If the recommended budget is approved, the average residential property tax bill will increase by $323, according to the Finance Committee.
Read the Finance Committee's Town Meeting report
"The proposed FY2015 budget reflects a significant change voted by the Board of Selectmen," the committee said in a statement. "The budget has historically been based on property tax revenues increasing to the full extent allowed by Proposition 2 1/2, and most of our annual increase in spending occurs within those limits.
"This year the tax increase within Proposition 2 1/2, in addition to the tax increase for the Bancroft School exempt debt, raised concerns among many residents about the resulting increase in taxes.
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"In response to this concern, the Board of Selectmen instructed the Town Manager to base his FY2015 budget on an amount approximately $1,000,000 less than a full levy would allow. By doing this, the average residential property tax bill will be approximately $71 less than if we taxed to the full levy limit."
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