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Distribution system integrated community microgrids (CMGs) can restore loads during extended outages. The CMG is challenged with limited resource availability, absence of a robust grid-support, and demand-supply uncertainty. To address these challenges, this paper proposes a three-stage hierarchical multi-timescale framework for scheduling and real-time (RT) dispatch of CMGs. The CMG's ability to dynamically expand its boundary to support the neighboring grid sections is also considered. The first stage solves a stochastic day-ahead (DA) scheduling problem to obtain referral plans for optimal resource rationing. The intermediate near real-time scheduling stage updates the DA schedule closer to the dispatch time, followed by the RT dispatch stage. The proposed methodology is validated via numerical simulations on a modified IEEE 123-bus system, which shows superior performance in terms of RT load supplied under different forecast error cases, outage duration scenarios, and against the traditionally used two-stage approach.