Board hears budget update and equalized-property-value analysis as some taxpayers face large increases District finance staff showed a five-year budget model projecting roughly a $2,000,000 gap for 2026–27 under conservative assumptions and demonstrated how Department of Revenue equalized property-value adjustments have shifted school tax burdens—some town taxpayers saw much larger increases than city residents.

A recent budget update reveals a looming $2 million gap for the 2026-27 school year, as unequal property value adjustments leave some taxpayers facing staggering tax increases.

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