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30 <br /> Liabilities and Reserves—Continued <br /> Levy of 1965 46.80 <br /> Levy of 1967 22.50 <br /> Levy of 1968 1,398.29 <br /> Levy of 1969 7,158.88 <br /> Levy of 1970 32,794:59 <br /> 41,436.86 <br /> The Overlay accounts are the amounts raised in <br /> each years tax levy to absorb the amount of <br /> taxes. Experience shows that all taxes will not <br /> be collected and must be abated for various rea- <br /> sons. The Overlay Reserve is the accumulation <br /> of Overlay which was not and will not be so <br /> used. It may be appropriated by the Town Meet- <br /> ing for emergency and unforseen purposes. <br /> Revenue Reserved Until Collected: <br /> Motor Vehicle Excise Taxes $19,675.42 <br /> Aid to Highways 10,414.95 <br /> Tax Title & Possessions 15,470.56 <br /> Departmental 3,162.15 <br /> 48,723.08 <br /> These amounts will become Revenue when they <br /> have been collected. They are now reserved from <br /> appropriation. <br /> Surplus Revenue: 183,599.32 <br /> This is accumulated revenue of past years. Some <br /> of this amount, as determined by the State Bu- i <br /> reau of Accounts may be used for Town operation <br /> as voted by Town Meeting. Such votes have the <br /> effect of reducing the tax rate of the current year. <br /> $424,101.70 <br /> I <br /> i <br />