NORWAY — Town Manager David Holt announced that this year’s tax assessment on the town will be “lower than anticipated’.
For Norway, about half of the cost of education is raised through property tax.
“When revenues that support education are cut back … that definitely had an impact on us,” said Holt.
Holt attended the school budget meeting, and discovered that the assessment on Norway will be less than it was supposed to be. The overall tax increase that is created by the submitted budget is 2.6 percent…
The full story is available on the Sun Journal.