JAY — Selectpersons will hold a public hearing Monday, March 13, on a proposed $6.02 million municipal budget for 2017-18. It factors in a $1.33 million payment to Verso Corp. for a settlement agreement.

The hearing will be held at 6 p.m. in the cafeteria at Spruce Mountain Middle School. It follows a 5:30 p.m. regular selectpersons meeting.

The board will review a 27-article warrant that will go before voters at the annual town meeting referendum from 8 a.m. to 8 p.m. Tuesday, April 25, at the Jay Community Building in the section the town uses.

The spending plan includes several reductions, including the elimination of a Transfer Station employee position, a police detective position, curbside trash and recyclables pickup, and a full-time buildings grounds position to part time.

As it stands, the proposal is $750,802 more than the current budget. After factoring in $1.63 million in anticipated revenues, it leaves a $4.38 million net budget, which is $504,102 more than what taxpayers had to raise last year for municipal expenditures.

The figures do not include the town’s share of the Regional School Unit 73 budget, which has not been finalized, or its share of the Franklin County budget.

Talks for the county budget have not begun.

NOTE: The story has been changed since it was initially published to show the budget is more than the current year. It was a reporting error.

[email protected]