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Exeter Town Council approved $470,000 from reserves to cover budget needs without raising taxes.
The Exeter Town Council approved transferring $470,000 from the town’s Tax Stabilization Reserve to address immediate budget needs, according to a local news report.
The move aims to cover expenses without raising taxes, though the specific uses for the funds were not detailed in the announcement.
The decision reflects ongoing fiscal management efforts amid uncertain revenue projections.
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El Ayuntamiento de Exeter aprobó $470,000 de las reservas para cubrir las necesidades presupuestarias sin subir los impuestos.