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Town Council Prepares To Cut Budget

April 4, 2012 by Josh Morgan

The Cheshire Town Council is considering cutting the proposed Operating Budget by more than $1 million and is prepared to approve the spending plan next week.
Town Manager Michael Milone’s proposed $99.7 million budget will most likely be reduced when the Council adopts the Operating Budget on April 10. As part of the new proposal, education funding would increase $1.15 million from the current year’s budget. While more money will be spent on education, it marks a decrease of more than $700,000 from what Superintendent of Schools Dr. Greg Florio requested, and what the Board of Education approved, earlier this year.
On the Town side of things, the budget is increasing by approximately $457,000. The new proposal by the Council represents a decrease of $339,000 from Milone’s initial request. Coupled together, the Town Council is cutting the proposal by $1.04 million.
When approved, the Operating Budget for 2012/2013 will be approximately $98.7 million. The new budget and mill rate would result in an average tax increase of about $99.
Read more details about the budget proposal, including comments from members of the Town Council, in the April 5 edition of The Cheshire Herald.

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