CHARLESTOWN — At Monday’s day-long financial referendum, voters approved the town’s $26.4 million budget for 2014-2015. A total of 199 voters included 144 for and 55 against. The town’s turnout represented 3.1 percent of the 6,321 eligible voters.
The budget is .24 percent lower than 2013-2014 but most residents’ taxes will increase. Because of revaluations, the property tax will increase 1.88 percent, or to $9.87 per $1,000 of valuation, up from $9.46 per $1,000. At $2.3 billion, the net assessed property tax base declined $53.1 million, which required an increase in property taxes to make up the difference.
Town Treasurer Patricia Anderson said that the Budget Commission had worked hard to put the budget together. Anderson said Budget Commission Chairman Richard Sartor, Vice Chairman Richard Host, Secretary Linda Philips, and members David Bailey and Henry Hemingway had been diligent in reviewing the budget and putting together a proposal for 2014-2015.