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?

No, the Town can only levy additional taxes to repay the debt for the new elementary school.

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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?