Financial Information

Real estate tax levies are the primary funding source of local taxes to fund municipal services and education.  These bills are affected by federal and state mandates, labor laws, and budget expenses that cannot be controlled by the town, such as the escalation in health care and pension expenses.

The independent rating agencies, Fitch Ratings, Ltd. and Moody’s Investor Service, have written up summaries of the financial condition of our town. Those reports are below.

You will also find the audit for fiscal year ending June 30, 2015, and previous years.