Posted by MSC on 5/1/2023
TOPSFIELD BUDGET OVERRIDE
Topsfield will see an increase of 3.9% ($346,337) in the town’s FY24 Operating Assessment for Masconomet (over FY23)
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Of this, $246,921 is on a budget override; this requires votes at Town Meeting and on the Ballot.
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The impact on the average single family tax bill will be about $107 per year ($27 per quarter, or $0.30 cents per day)
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The impact of a failed override on the district is close to $800,000 to cut from overall operating budget
It is notable that this year's budget was significantly impacted by unprecedented external cost increases for mandated services.
