GREENFIELD — Town Council voted Monday evening to appropriate $750,000 from the town’s general stabilization account to keep the tax rate from increasing.
The council voted unanimously during a special meeting to appropriate the money, which was put into general stabilization from last year’s surplus.
Precinct 8 Councilor Ashli Stempel said during the meeting that some of her constituents have been asking why the town taxed in a way that created a surplus in stabilization.
Mayor William Martin explained that the extra money came from non-recurring revenues or underestimated revenues that weren’t included in the budget.
“It’s been consistent with our philosophy to use certified cash as a reduction in the tax rate, and to not use it in the budget season,” he said.
The council chose to appropriate the money at a special meeting because the town is preparing to send out tax bills for the next two quarters.