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Allenstown residents asked to do ‘routine housekeeping’
The town also will present a warrant article asking residents if they want to authorize the School Board to spend $164,000 to obtain a dump truck with plows and a sander on a five-year lease and to raise and appropriate $36,000 for the first year’s payment. The tax impact of this warrant article, should it pass in March, is estimated at 15 cents per $1,000 of assessed valuation.
There would be no tax impact from a warrant article requesting to spend $10,000 to establish an Accrued Benefits Liability Expendable Trust Fund. The money would come from the fund balance.
One asks residents if they want to modify the elderly exemption from property tax. If passed, under certain conditions, residents ages 65 to 74 would receive a $20,000 exemption; ages 75 to 79, a $30,000 exemption; and age 80 and older, a $50,000 exemption.
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