Proposed Fiscal Year 2023 Municipal Budget delivered to council

During the Monday, March 14, 2022, Town Council meeting, the council approved referring Town Manager Matthew Sturgis'  Proposed FY2023 Municipal Budget to the Finance Committee for their review.   The total proposed budget for all ongoing municipal departments and community services for Fiscal Year 2023 is $18,416,128.  This is offset by revenues from all sources in the amount of $11,498,344.  The amount to be collected from property taxes is proposed to be $6,917,784, which is 0.83% more than last year.  As proposed, the budget will provide a net to taxes increase of -0.23%.  This year's budget continues the work began last year to recover from the effects of the pandemic, with improving revenues, while also maintaining a conservative approach to municipal spending. The Town Council, acting as the Finance Committee, will begin their review of the proposed budget on Monday, March 21, 2022 at 6:00 p.m. in the council chambers.

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