When will I start to see higher taxes and when will it end?

The increase to taxes is estimated to begin in 2025 and terminate by 2056. The increase in the first few years will be lower as the building is under construction and will reach its peak level in 2029.

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1. What is Proposition 2 ½ and what is a Debt Exclusion?
2. What are we voting for?
3. When is the election?
4. How much will the debt exclusion increase my taxes?
5. When will I start to see higher taxes and when will it end?
6. What will happen if the debt exclusion does not pass?
7. Can the Town use the additional funding from the debt exclusion for anything other than repaying the money borrowed to build the new elementary school?