Vic, Because there was a lot of precipitation in 2023, water use and revenues were down over $200,000 from expected income. We will have the exact number at the meeting on Tuesday night.
The Town Treasurer has been dealing with the MA DOR. I will leave answering DOR directive questions to her. Thanks, Darin LaFalam Get Outlook for iOS<https://aka.ms/o0ukef> ________________________________ From: V Saleme <[email protected]> Sent: Friday, August 23, 2024 2:48:12 PM To: LaFalam, Darin <[email protected]> Cc: [email protected] <[email protected]> Subject: Re: [LincolnTalk] Water Department Notification: Water Rate Hearing Public Meetings Ahead of any meetings, and to better prepare those who might be attending, can you ‘specific’ as to what the shortfalls in revenue were comprised of? Additionally, what were the ‘recent directives’ from the Massachusetts Department of Revenue? Vic On Fri, Aug 23, 2024 at 1:41 PM LaFalam, Darin <[email protected]<mailto:[email protected]>> wrote: Notice of Water Rate Hearings Dear Lincoln Residents, The Lincoln Water Department and Water Commissioners are committed to providing high-quality water to our community while ensuring that our operations remain cost-effective. Despite our efforts, we have encountered a shortfall in last year’s water revenues, leading to a projected deficit in the Water Department budget. To address this issue and comply with recent directives from the Massachusetts Department of Revenue, we will be holding water rate hearings to discuss a necessary increase in water rates. The Department of Revenue has mandated that Lincoln’s real estate tax bills cannot be processed until the Water Department budget is balanced and shows no possibility of a deficit. The rate hearings are scheduled as follows: * August 27, 2024 at 7:00 PM * September 3, 2024 at 7:00 PM * Both hearings will be conducted via Zoom. We encourage all residents to participate and provide feedback on this important issue. Details for joining the Zoom meetings will be provided on the Town of Lincoln’s website and through local communications. Zoom Link: https://us06web.zoom.us/j/89533089423?pwd=YZ1LR0J9eYNLYIWtxbFJoiufdkg5Ib.1 Meeting ID: 895 3308 9423 Passcode: 363026 One tap mobile +13126266799,,89533089423# US (Chicago) +16468769923,,89533089423# US (New York) -- The LincolnTalk mailing list. To post, send mail to [email protected]<mailto:[email protected]>. Browse the archives at https://pairlist9.pair.net/mailman/private/lincoln/. Change your subscription settings at https://pairlist9.pair.net/mailman/listinfo/lincoln.
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