Andover Townsman, Andover, MA

Education

July 26, 2012

Officials mull what to do with extra $600,000

Selectmen's Chairman Salafia said a Special Town Meeting is needed to spend it

(Continued)

If the town doesn't appropriate it or hold a Special Town Meeting, then the excess revenue would be lined up with other revenue sources in the town that may come in higher or lower than projected, according to Finance Committee member Joanne Marden. In the end, if there is still excess revenue, it would be used to decrease the town's annual tax levy.

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