Excess levy capacity, Templeton now has it and on purpose. Each year, under prop 2 1/2, the town's levy can increase by 2 1/2% and many towns, including Templeton usually spend at or very close to levy limit. For fiscal year 2023, Templeton budget left almost 200 thousand dollars on the table, so to speak. What this means is Templeton has, in a way, set aside 200 thousand dollars that will be available next year, that could be added to the automatic 2 1/2% increase in the levy in case something comes up, money wise. That 200 thousand is a financial cushion and if the town could continue to have excess levy capacity over the years, those funds could be used rather than an override to have more funds available for any unforeseen need for increased funding for any number of things. Anyone can google or search online for what is excess levy capacity.  This was a smart move by the board of selectmen. You are welcome.