Council approves $29.2 million overall municipal budget
for 2007-2008
Town Councilors on Monday approved a $29.2 million municipal budget for
2007-2008.
The budget, which includes spending for town, school, county and Community
Services, is up $824,741 over this year's, an increase of 2.9 percent.
The approved budget includes $8.5 million for town services, an increase
of $205,205, or 2.47 percent.
It also includes a school budget of $18.8 million, $547,329 over this year's
school budget, an increase of 3 percent.
Councilors voted 4-3 to pass the 2008 budget, with Anne Swift-Kayatta, Mary
Ann Lynch, and David Backer opposed. All three of the opposing councilors
had pledged in 2004 to limit spending through next year to a rate no higher
than the consumer price index, which this year is 2.8 percent.
The approved budget will mean a tax-rate increase of 30 cents per $1,000
of assessed valuation, or 1.86 percent.
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