Date: Fri 17-Jul-1998

Publication: Bee

Author: STEVEB

Quick Words:

selectmen-town-meeting-liens

Full Text:

Town Meeting Set On Sale Of Tax Liens

The Board of Selectmen will conduct a special town meeting July 27 at 7:15 pm

to discuss and vote on the town's plan to sell its municipal tax liens.

The town meeting will be in the conference room at Town Hall South.

There is currently some $1.5 million worth of outstanding taxes, which the

town plans to sell to a collection agency. The Legislative Council approved

the idea last month.

The money from the sale would be deposited into this year's capital and

non-recurring expenditure account to be used to offset the anticipated $1.3

million revenue shortfall in the 1999-2000 budget, according to finance

director Ben Spragg.

Delinquent taxpayers will be given one last opportunity to pay up before the

issue is passed on to the collection agency. Mr Spragg said most people would

rather deal with the town than some private agency.

Legislative Council member Donald Studley suggested selling the tax liens at a

meeting this past winter.

The sale of municipal tax liens was only recently permitted by the state.