- FUN FEATURES
The Operating Budget presented by Town Manager Michael Milone on Thursday calls for an increase in spending of more than four percent.
To support the $99.5 million budget, Milone is proposing a mill rate increase of 3.77 percent. To the average taxpayer with a house and two cars, the increase would result in an additional $244 in taxes. Milone's proposed budget, which represents an increase of $3.9 million, or 4.1 percent, compared to the current fiscal year, does not affect programs and services, and does not include any layoffs. The major cost drivers in the 2011/2012 budget are increased costs for salaries, pensions, and medical benefits.
Milone also reduced the Board of Education budget by $700,000, costs that, according to Milone, Superintendent of Schools Dr. Greg Florio believes can be absorbed through different accounts, such as medical benefits. The reduction to the BOE budget would not affect programs, services, or employees.
"This is a maintenance budget," Milone said.
For the complete story, see this week's Cheshire Herald.