posted on 12/5/2022

The City Council and School Board will meet jointly on Wednesday, Dec. 7, to discuss the development of the fiscal year 2024 budget and receive a preliminary calculation of the FY2024 tax cap.

The tax cap is calculated annually, as the city’s charter requires. “The City Council shall adopt the annual municipal budget for city and school purposes to limit the property tax levy on taxpayers to the property tax levy from the previous tax year increased by the amount of inflation calculated from the Consumer Price Index-Boston and the net increase in new construction,” the charter states in Limitation on Property Tax Levy Increase, with inflation calculated on the last three years of CPI data. The charter allows the tax cap to be overridden by a two-thirds majority vote of all elected City Council members.

The workshop will also include a discussion of the teacher salary benchmark survey. The School Board and City Council approved the Dover Teachers’ Union one-year contract in September. During the adoption of the FY2023 budget, the City Council requested the School Department conduct a wage study.

City Council, School Board hold joint workshop on budget development, tax cap

posted on 12/5/2022

The City Council and School Board will meet jointly on Wednesday, Dec. 7, to discuss the development of the fiscal year 2024 budget and receive a preliminary calculation of the FY2024 tax cap.

The tax cap is calculated annually, as the city’s charter requires. “The City Council shall adopt the annual municipal budget for city and school purposes to limit the property tax levy on taxpayers to the property tax levy from the previous tax year increased by the amount of inflation calculated from the Consumer Price Index-Boston and the net increase in new construction,” the charter states in Limitation on Property Tax Levy Increase, with inflation calculated on the last three years of CPI data. The charter allows the tax cap to be overridden by a two-thirds majority vote of all elected City Council members.

The workshop will also include a discussion of the teacher salary benchmark survey. The School Board and City Council approved the Dover Teachers’ Union one-year contract in September. During the adoption of the FY2023 budget, the City Council requested the School Department conduct a wage study.

The meeting will begin at 7 p.m. in Room 305 at the McConnell Center. It will be televised live on Channel 22 and online at dovernh.viebit.com, where it will also be available for on-demand viewing. Click here for the complete agenda.