MIDDLEBURY — Middlebury officials have grown accustomed to looking under rocks and cushions for even the most minute revenues to soften the property tax impact of the annual municipal budget.
On Tuesday, officials discovered a pile of cash — approximately $1.5 million — in surplus funds that will in the short-term assure no rise in the municipal tax rate while unleashing an interesting debate among town residents on how the financial windfall should be allocated in the long-term.