 Clarksburg Officials Leaning on Minimal Reserves to Fund BudgetThe Select Board is recommending the town drain its reserves to cover an unexpected increase in the school budget. But it will still require more cuts from the school side to meet the 4 percent hike board members settled on. Clarksburg Budget Has Officials Considering June Town MeetingMcKinney said it was unlikely that even fiscal 2021 would be certified with the state in time for town meeting and they couldn't guarantee that the House and Senate would add significantly to the governor's budget, which only gives the town about $48,000 more in aid. Clarksburg Struggling With Budget Hike, Low ReservesThe town could be looking at a Proposition 2 1/2 override if it can't get its more than $5 million budget down. Clarksburg FinCom Recommends $4.9M Budget, Use of Stabilization FundsNormally, town meeting would be asked to use free cash to lower the tax rate but, at the moment, the town has no free cash. Fiscal 2022 has not yet been certified and is not likely to be certified by the state before the annual town meeting on June 1. |
