On Monday, January 14, the Cabot School Board approved a budget proposal totaling $3,637,061 to operate the school during the upcoming 2013-2014 school year. At the direction of the Board, school administrators trimmed almost $200,000 from the first draft of the budget introduced in early December. As a result, the proposed budget is just $2,000 larger than the current year’s budget. Despite the relatively small increase,  a slight drop in student numbers this year, along with a decrease in Cabot’s Common Level of Appraisal and a change in the statewide base tax rate set in Montpelier, will mean that property taxes to support the school will rise this year, if the proposed budget is approved by voters in March. The school board will hold an informational meeting to present and answer questions about the proposed budget on Monday evening, February 18 at 6:00 p.m. in the school library, and all interested community members are cordially invited to attend.

Cabot Business Recognized!