Hanson residents will vote on the Fiscal Year 2026 budget at the Annual and Special Town Meeting on May 5. The warrant includes a proposed override article. This is a frequently asked question.
QUESTION: What is Proposition 2 ½?
ANSWER: Proposition 2 ½ is a Massachusetts law that limits the amount of revenue a city or town may raise, or levy, from local property taxes each year to fund municipal operations. Proposition 2½ establishes two types of voter-approved increases in taxing authority: overrides and debt exclusions.
For more Frequently Asked Questions about Hanson’s budget process and this year’s override proposal, click here.