for FY18 selectmen want to raise $227,605. for the Overlay (abatements & Exemptions)
in FY17 $175,551.94 (Pg 2 of Recap) was raised.
If you look at the OL1 (Overlay page) from the FY17 Recap the overlay balance from previous years is $119,929.92
the overlay used for FY2014 - $112,859.66
FY2015 - $104,595.61
FY2016 - $98,630.43
3yr Total $316,085.70 avg = $105,361.90
The only pending ATB case appears to be Verizon for which per the ATB will be $10,409.00
So my point is; There shouldl be about $90,000. left over from previous years after Verizon is paid.
Possible, there will be at least $90,000.00 left over after FY17 and $110,000.00 after FY18
Now as you know none of this money cannot be moved to the Overlay Surplus account without a Board of Assessors vote and then can be used for what ever is voted at town meeting.
Why would the selectmen be "stock piling" money this way?
inquiring minds wish to know if there is a trail to follow here, as in, "follow the money."
posted by Jeff Bennett