LIVERMORE — Administrative assistant Kurt Schaub said the 2012-13 budget of $1.06 million is $16,466 more than this year’s net budget.

It is about $6,000 below the state’s LD-1 growth cap, he said recently.

The budget includes department revenues and carry-forwards. Residents passed a $1.22 million budget at the annual town meeting June 13.

dperry@sunjournal.com

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