Dunbarton Taxpayers to See Unexpected Tax Relief
The Dunbarton school district had an extra million dollars in the budget, and that means some extra money for taxpayers.
A judge ruled last week the school district couldn't hold an emergency meeting about the excess funds. With that ruling, the excess funds will now go toward reducing the tax rate, but only for one year.
That means someone with a home assessed at $300,000 would see a decrease of about $1,000 in their taxes.
Clem Madden is the vice chairman of the school board.
"The accumulation of these funds took everyone by surprise," he said.
An audit earlier this year found reporting errors when Dunbarton was part of SAU 19. The district is now part of SAU 67, and those earlier mistakes had left the district in the dark about how much it had left over.
Madden laughed when asked if he had plans for what he’d do with the extra money from the tax reduction.
“No, no we've got three kids so we'll save it for a rainy day," he said.
The exact rates will be finalized in a few months. After the next year, the tax rate will go up to what it’s normally been.
READ THE JUDGE's order issued Friday: