DURHAM – Town meeting voters agreed Saturday to transfer $67,500 from the undesignated fund balance to a new non-lapsing revaluation fund.
Town officials and the Budget Committee support a town-wide r evaluation and it is expected that the process could begin as early as 2007. The cost of the revaluation will be about $137,000, Budget Committee Chairman Allan Purinton estimated.
Other approved expenditures that did not require local tax dollars was $23,904 in cable TV franchise fees for telecommunications and the town newsletter. Voters indefinitely postponed action on a proposed ordinance that would have established a schedule of fees for services performed by the Fire Department.
Interest on delinquent taxes was set at 11 percent annually beginning 30 days from the date bills are mailed.
Attendance at the meeting, about 100, was believed to be the lowest in decades.