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Town meeting is May 18 at CCS

CORNWALL — Four items are on the agenda of a town meeting set for Friday, May 18, at 7:30 p.m. in the Cornwall Consolidated School (CCS) gathering room. First and foremost is to consider a proposed budget for the fiscal year that begins July 1. The Board of Finance was scheduled to meet the night before, to determine the final number that will be put to a vote. A proposed 1.65 percent increase in the selectmen’s budget and a 0.20 percent decrease in the CCS budget represent a net increase of $21,917.What will drive town finances in the next year is a 13.51 percent, or $184,320 jump, in Cornwall’s share of the Region One School District budgets. Compounding the increase is an anticipated drop in the Grand List of 13.50 following the recent revaluation. The total value of taxable properties dropped by $61 million in the revaluation; its impact will be felt in this coming fiscal year. Finance members will look at various scenarios for covering the added expenses and lowered tax revenues. The current mill rate is 12.50, which was cut nearly in half following the previous revaluation. That was a result mostly of corrections made to recorded information and values for a large number of properties.Town and local school budgets total $$4,162,814. Another $1,547,705 is Cornwall’s share of regional school costs. But that number is likely to change after the defeat of that budget at a May 8 referendum. Also on the May 18 agenda is an appropriation of up to $725,000 from the general fund for the Great Hill Road improvement project. About $525,000 is expected in state and federal grant reimbursements.Voters will be asked to consider changes to fee schedules for applications to the Planning and Zoning Commission, Zoning Board of Appeals and Inland Wetlands Commission, and to amend the ordinance that established the Committee on Aging in 1979.The latter was resurrected in recent months. One of the committee members’ first actions was to propose the name change, which seemed, since everyone is always aging, to be a poor choice of wording. It is proposed to be changed to the Committee for Cornwall Seniors.The Board of Finance will meet to set a new mill rate immediately following the town meeting.

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