Wayland Patch 9/28/11: Assessors Talk Overlay, Residents Talk Excess. Wayland’s Board of Assessors Monday night met jointly with the Board of Selectmen and Finance Committee to explain the process for estimating the overlay account surplus and the overlay need for subsequent years. Prior to the Board of Assessors and Finance Committee joining the meeting, however, several residents took to the mic during the Board of Selectmen's public comment session to express concerns about the way in which Wayland’s tax rate is figured and what residents called the excessive amount of money Wayland has available in its free cash account.

Wayland Town Crier 9/28/11: Wayland residents call for special TM. Several Wayland residents pleaded with the Board of Selectmen on Monday night to call for a special Town Meeting this fall to deal with money accumulated in the community coffers as a result, they said, of overestimating expenditures and low-balling revenues.

  Understanding the Overlay Reserve Account   Recently, the Town’s overlay account has been the topic of much discussion.   Questions have been raised as to…