What will happen if the debt exclusion does not pass?

The Town will not be able to proceed with building a new elementary school as trying to fund the cost of the project within the Levy Limit will significantly reduce the amounts available for Town operations and other projects. In addition, the plan to renovate or replace the Fire Station, Jones Library, and Public Works facility will need to be reevaluated. One potential outcome is that the Town will need to invest in temporary repairs to the existing buildings which are aging and in poor condition.

Show All Answers

1. What is Proposition 2 ½ and what is a Debt Exclusion?
2. What are we voting for?
3. When is the election?
4. How much will the debt exclusion increase my taxes?
5. When will I start to see higher taxes and when will it end?
6. What will happen if the debt exclusion does not pass?
7. Can the Town use the additional funding from the debt exclusion for anything other than repaying the money borrowed to build the new elementary school?