The Town Manager has submitted a proposed budget for FY 25-26, which can be viewed online. 

Highlights

• Proposed Budget: $103,666,114, representing an increase of 3.59% and a mill rate of 30.99, an increase of 1.82 mills.
• Financial pressures, according to the town manager, include the revaluation of residents’ home values, and a reduction in the 2024 grand list, partly driven by “tax appeals and a change in State legislation on how motor vehicles are assessed.”
• Town positions:
  • The Town Manager proposes unfreezing the role of Economic Development Director and continuing the freeze of the Library Assistant Director position. A new Patrol Officer proposed by the Police Chief was not included in this budget.

Next Steps

The budget must be passed by 3rd Monday in May per town charter. If the Town Council is unable to pass a budget, the Town Manager’s budget will be the fallback. The budget will be formally presented by the Town Manager on April 22nd, with subsequent budget workshops and public hearings that cover all of the various departments.