PERU — Selectmen decided Monday to divide the town’s leftover school money between two fiscal years to help pay its share of expenses to the Western Foothills School District.
Selectman Jim Pulsifer said it means $105,000 will be used in 2010-11 and 2011-12. He said using the money over the next two years, rather than designating some for the current year as some towns in the district have done, makes it easier to track.
The money was left after SADs 21, 43 and 39 consolidated to become Regional School Unit 10.
Selectmen plan to begin development of the municipal budget at their Feb. 1 meeting, Pulsifer said. Officials hope to maintain a tax rate of $16.20 per $1,000 of valuation next year, but Pulsifer wasn’t sure that would happen.
The town’s budget, including school and county taxes, is $1.8 million this fiscal year.
“No one knows what the school costs and (state) revenue sharing will be,” he said.
Voters in Peru will decide on an annual budget June 8. A public hearing will be held a few days before the vote.
A special election to choose a selectman to finish the term of Eric Horn was rescheduled for Feb. 18. Pulsifer said two residents have taken out nomination papers for the position. Anyone wishing to run must pick up papers at the Town Office and return them with the signatures of at least 25 Peru residents by Monday, Feb. 1.
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