Politics & Government
Education Budget Takes Hit; Town Sees Small Increase to Budget
The mill rate will see an increase of 3.69 percent under the proposed 2011-12 budget.
After three lengthy budget workshops, the Board of Finance recommended Monday night a $94,040,109 budget for fiscal year 2011-12, which represents a 3.32 percent increase over current spending.
The mill rate of 24.44 for the proposed budget constitutes a 3.69 percent increase.
The Board of Education budget, which is part of the total proposed budget, was reduced to a 3 percent increase – the original recommendation from the Board of Education was a 3.68 percent increase. The Board of Education’s proposed budget will take the largest hit on capital expenditures; the total education amount approved by the BOF is $46,619,537.
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On the town side, an additional $20,000 was added to its budget, bringing that total to $44,420,572.
Editor's note: A more detailed analysis of the budget is coming soon.
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