Wayland board decries lack of information on free cash plan

Wayland Town Crier 11/15/11: Wayland board decries lack of info. on free cash plan. A standoff between town officials and proponents of a tax relief article continued at last night's hearing on the special Town Meeting warrant. With the session set to begin Thursday night at Wayland Middle School, selectmen still don't know how much in free cash the article's sponsors want to apply to the fiscal 2012 budget to lower property taxes. "The call for transparency is often heard by this board," said selectmen Chairman Tom Fay. "It's frustrating not to see that same transparency by the petitioners." Proponents have said that they want to use at least $4 million, but have consistently refused to give an amount for Article 3. The measure calls for reducing the amount raised by taxes and increasing the portion to be transferred from the town's $10.3 million free cash balance.

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