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9 <br />Select Board <br />Minutes <br />November 6, 2024 <br />APPOINTMENTS AND HEARINGS <br />Tax Classification Hear*: Director of Assessing Jose h Gibbons: (continued) <br />Motion made by Selectman Wyman -Colombo to adopt a Residential Exemption of 20%. <br />Motion seconded by Selectman Weeden. <br />VOTE: 5-0. Unanimous. <br />Roll Call Vote: <br />Selectman Sherman, yes Selectman Weeden, yes Selectman Wyman -Colombo, yes <br />Selectman Cotton, yes Selectman O'Hara, yes Opposed, none <br />Discussion followed with respect to finances, and the potential deficit in the overlay surplus. <br />Overlay surplus derives from free cash respectively and there is an allowance if required. <br />Motion made by Selectman Cotton to adopt a factor of "1" for all Classes of Property with No <br />discount for Open Space, No Small Commercial Exemption and a 20% Residential Exemption. <br />Motion seconded by Selectman Wyman -Colombo. <br />VOTE: 5-0. Unanimous. <br />Roll Call Vote: <br />Selectman Sherman, yes Selectman Weeden, yes Selectman Wyman -Colombo, yes <br />Selectman Cotton, yes Selectman O'Hara, yes Opposed, none <br />Select Board Meetin -Schedule November lkpnh December — Possible .Revisions, <br />Motion made by Selectman Cotton to modify the Select Board Meeting Schedule; July through <br />December 2024 by cancelling the November 25, 2024 and December 9, 2024 meetings and <br />adding the December 2, 2024 meeting. <br />Motion seconded by Selectman O'Hara. <br />VOTE: 5-0. Unanimous. <br />Roll Call Vote: <br />Selectman Sherman, yes Selectman Weeden, yes Selectman Wyman -Colombo, yes <br />Selectman Cotton, yes Selectman O'Hara, yes Opposed, none <br />Motion made by Selectman Weeden to approve the Select Board Meeting Schedule as <br />amended. <br />Motion seconded by Selectman Cotton. <br />VOTE: 5-0. Unanimous. <br />Roll Call Vote: <br />Selectman Sherman, yes Selectman Weeden, yes Selectman Wyman -Colombo, yes <br />Selectman Cotton, yes Selectman O'Hara, yes Opposed, none <br />