What if there’s a revenue surplus? Will my taxes go down?
The Town recognizes that surpluses are not continuous sources of funding. If the Town depends on a one-time surplus to pay for annual operating costs, it puts off any increased operating costs into the next fiscal year, where a tax increase would likely be required. In recognition of this, and to plan responsibly for the future, Council approved Operating Reserves Policy 1705-01, which requires any surplus to be placed in facilities lifecycling capital reserves. This reserve fund is used to prepare for new facilities included in the 10-year financial strategy.

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1. How do I update my mailing address?
2. Why does my assessment say "improved?"
3. Why did I receive a tax bill or assessment notice when I sold the property?
4. How do I update my school support declaration?
5. How can I get another copy of my tax bill or assessment notice?
6. How do I view historical assessment values for my property?
7. How and where can I pay my taxes?
8. How are property assessments and taxes related?
9. When are taxes due?
10. What affects my tax bill?
11. What do my taxes pay for?
12. Why do I pay school taxes when I don't have children going to school?
13. Is there a penalty if I miss the property tax due date?
14. What if there’s a revenue surplus? Will my taxes go down?
15. Can I pay my tax bill via a credit card?
16. What if I'm paying property taxes as part of my mortgage?
17. How can I find the amount I paid in property tax last year?