LIVERMORE – Selectpersons signed the warrant for the town meeting Monday night, preparing it for printing to be included in the annual town report.

The report should be available to the public by the middle of next week, said Administrative Assistant Kurt Schaub.

Voting, the first portion of the annual town meeting, will be from 10 a.m. to 8 p.m. on Tuesday, June 8, at the Community Building. Action on the remainder of the warrant will begin at 7 p.m. Thursday, June 10, also at the Community Building.

In other town-meeting-related action, the board agreed to discuss using $25,000 from the School and Ministerial Funds account to reduce the educational commitment.

Those funds go back to the beginning of the town when property was set aside to support the development of schools and churches.

Originally that was the only use but in recent years the state has allowed it to be used to reduce taxes or build a school.

Les Boothby had overseen the funds for years and his widow turned the records and investment portfolio over to the town about two years ago. Trustees are the selectpersons and the treasurer. They will discuss the account further at the Aug. 2 regular meeting of the board.

It is estimated that of the $60,000 in the fund, about $45,000 is interest and can be used. Using $25,000 to lower the commitment to SAD 36 would help to offset the $95,000 increase the town owes for next year.

Schaub also reported on the homestead exemption that homeowners will receive this year. Because the town is undergoing a revaluation, homeowners with properties valued at less than $125,000 will receive the full $7,000 exemption.

Treasurer Schaub lists 560 homesteads in that category and 87 with a value exceeding $125,000 but less than $250,000. They will receive a $5,000 exemption.

There are two homes in the third category, valued at $250,000 or more. They will receive only a $2,500 exemption.

In all, 649 exemptions have a total value of $4,360,000.

The town has received notification that the reconstruction of three miles of Route 4 will go out to bid in August and should be completed by the fall of 2005.

A map has been developed that roughly shows the areas of Batten Road that will require improvement due to the mining operation, and the alternate route that will become the new public easement should the five-year deadline for completion of mining not be met, Schaub reported.

It will become an exhibit on the final Batten Road agreement now in the hands of attorney Lee Bragg, who anticipates to have the final document for signature at the next meeting.

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