FY26 Budget: Property Tax Revenue

Each fiscal year, the Town’s tax levy is able to increase by 2.5% plus new growth. For FY26, the 2.5% increase is $288,022. New growth is the new development in Town or improvements to properties that result in an increased assessed value. The new growth revenue planned for FY26 is $120,000. In addition, the tax levy also includes excluded debt projects approved by the voters of Dunstable. The anticipated excluded debt payments in FY26 are $167,853. Lastly, under Proposition 2.5 communities are allowed to increase taxes beyond the levy limit with voter approval. The Town’s FY26 recommended budget is reliant on a $480,841 general fund override to balance.