- Thursday, April 4, 2013
In a 9-3 vote April 3, the Legislative Council moved a budget request of $111,149,825 to an April 23 referendum. If approved the budget would increase spending about 4.7 percent over the current year, while generating a 5.24 percent tax increase according to Town Finance Director Robert Tait.
Because of this year’s revaluation, with average property values dropping markedly, an approved budget would bump the current 24.54 mill rate to 33.77. A mill represents one dollar in taxation for every $1,000 in taxable property.
- Thursday, March 28, 2013 at 3:41 pm
Following the shortest public budget hearing in recent memory, the council will take up deliberations on the 2013-14 proposal with the possibility of acting on the request as early as April 3, according to council Chairman Jeff Capeci.
Only three citizens addressed the council during the approximately 20-minute session. In previous years, public hearings have swelled to the extent that they were held in the high school lecture room and auditorium.