The Town has identified over $11.4M in additional costs, of which approximately $6M are recurring expenditures. The Town plans use approximately $5.3M in one-time funds and $1M in other recurring sources of revenue to lower the total current override proposal to $4,995,000, phased in over three years as follows:
- YEAR ONE: $2.86M
- YEAR TWO: $3.98M
- YEAR THREE: $4.995M
For more information on the Town’s override proposal, please refer to the Town Administrator Override Presentation and the Town Administrator’s FY24 budget message linked below under Supporting Documents.