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Finance Committee › March 9, 2026
💬 Discussed
Finance Committee · March 9, 2026
Town Administrator Budget Overview
Solbo presented a balanced budget requiring deep cuts; Chapter 90 road funding dropped from $707K to $433K, pension costs rose 7.1%, and health insurance rose 14.2%; 67% of revenue comes from property tax.
💰 Chapter 90 cut from $707,000 to $433,000; pension +7.1%; health insurance +14.2%
Why this matters: Property tax is two-thirds of revenue; major cost drivers rising fast.
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⚠️ This summary is AI-generated and may contain errors. Always check the original document for anything important. Not affiliated with the Town of Halifax; not legal advice.