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The Boston Globe

North

Danvers

Budget proposal tops $100m, keeps services intact

Despite rising retirement and health costs and a drop in hotel/motel tax revenues, Danvers officials believe they can maintain existing services next fiscal year under a $100.6 million spending proposal recently approved by selectmen.

The fiscal 2014 plan, which now goes to the Finance Committee, would mark the first time the town’s annual budget exceeded $100 million. The spending plan does not include the $45 million Electric Division budget.

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