Officially On The Hook: Selectmen Approve Bonding For New 7-12 School

Photo: The latest from Perkins + Will architects, facing Clay Pit Pond. There was the debate, the vote by residents, the approval of Town Meeting. And on Monday, Jan. 7, the Belmont Board of Selectmen made it official in a five-minute signing: the town’s taxpayers are now on the hook to pay for the new […]

Town Election ’17: Carman Seeking Re-Election as Treasurer

Photo: Floyd Carman. Belmont Town Teasurer and long-time resident Floyd Carman told the Belmontonian this week he will be running to retain his post as the town’s┬ámanager of its financial assets and liabilities and tax collector. Now in his 12th year in the post, Carman is known for his ahearance to conservative financial principles which […]

Belmont Takes Advantage of Low Rates to Bond $29 Million

While the low-interest rate environment promoted by the Federal Reserve over the past five years has dampened residents appetite for bonds, the same condition has been a boom for municipalities with good credit ratings when selling their debt on the open market. Using its top-ranked “triple A” credit rating, Belmont’s Treasurer and Tax Collector Floyd […]