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Cheshire Town Council Adopts $103.39 Operating Budget

April 9, 2014 by michael torelli

The Cheshire Town Council voted 5-4 in favor of a $103.39 operating budget last night—an increase of $2.7 million over last year’s budget.

Cheshire’s Board of Education will receive a $2.3 million increase, capping their budget at $66 million. General government will receive an increase of $804,451 and debt services will decrease by $336,057.
The Town’s mill rate will change from 27.6 to 30.22 mills, which will generate $80 million at a collection rate of 99 percent for the 2014/2015 Fiscal Year.
Superintendent of Schools Dr. Greg Florio explained he will make adjustments to his budget to accommodate the $2.3 million increase and present it to the BOE in the upcoming weeks. Florio plans to offer full-day kindergarten in his budget, but the decision ultimately relies on the BOE.

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