Wednesday, November 28, 2007

Before setting the tax rate

With the library leaking and the museum headed for a new downtown home, the Finance Committee recommended last night that money for the projects be taken from a fund dedicated in the past to open space.

The fund currently holds $1.6 million and is drawn from the town's hotel/motel tax. While that money would remain earmarked for open space, upcoming earnings from the current fiscal year would go to the library and the museum under a plan proposed by Town Administrator Jeffrey Nutting and recommended by the Finance Committee.


Since the Finance Committee is an advisory group, the Town Council is expected to discuss the museum and library tonight (Wednesday 11/28/07). To use the hotel/max tax for purposes other than open space, the council must make a final decision before setting the tax rate.

Read the full article in the Milford Daily News

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