Middlebury weighs tax surplus targets

MIDDLEBURY — Middlebury residents at next year’s town meeting will again be asked to use some of the $2.5 million in accrued local option tax surplus to reduce property taxes. Town leaders will spend the next few months asking residents how much of the surplus should be used, and for what specific purposes. “If we do want to go forward in using that money, what policy would you like to have, and what minimal balance would you like to carry going forward to plan contingencies for the bridge?” Middlebury Town … (read more)

MIDDLEBURY — Middlebury residents will be asked at an Oct. 29 meeting to advise town leaders on what to do with the more than $2 million in local option tax surplus that has accrued since the special 1-percent assessment on sales, rooms, meals and alcohol … (read more)