The FY23 mill rate was recently set by the Board of Finance at 27.56 which shows a .08 decrease over FY22 and continues the trend of a stable mill rate.
The RTM recently approved a FY23 budget of $99,381,223. This adopted FY23 budget represents a total increase of 2.45%. This increase includes a 2.89% increase in the Board of Education budget that is largely contributed to contractual obligations in salary and benefits.
The Town's Capital Budget increased by $319,600 or 8.27%. Debt Service has a 9.29% decrease due to the refunding of older school bonds. General Government is increased by $1,329,419 or 3.85% for contractual and personnel obligations.
This past year, our town, our state and our country has faced uncertain times. I would like to thank all the Department Heads, Staff, Commissions, Board of Selectmen, Board of Finance and RTM for your thoughtful budget process and support.
~Rob Brule, First Selectman
Original source can be found here.
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