IMPORTANT RELEASES:

(May 7, 2008) - The FY 2008-2009 Town Operating and Capital Budget of $49,279,966 was approved by voters at the May 6th referendum by a vote of 1,779 “yes” to 1,328 “no.” Voter turnout was 33.74%.

• you may click here for the complete referendum results by district
• you may click here for the end-of-night tally sheet

The approved budget reflects an increase of $2,466,474 equal to a 3.95% tax increase of 1.12 mills compared to the current mill rate and requires a tax rate of 29.51 mills.

To determine the tax impact on your home of the approved budget, go to www.visionappraisal.com to obtain your home’s assessed value. Then multiply the assessed value by the new mill rate of 29.51. As an example, if your house is assessed at $175,000, multiply that value by 0.02951 to get your annual taxes of $5,164. The FY 07-08 mill rate is 28.39 if you wish to compare this year to the next.

FINAL BUDGET DOCUMENT:
Below is the 2008-2009 Town Operating and Capital Budget
approved by voters at referendum on May 6, 2008:

• Front Cover through General Government (Page 58)
• Planning and Community Development (Page 59) through Public Works (Page 126)
• Public Safety (Page 127) through Year 2 Capital Improvement Plan (Page 204)
• Year 3 Capital Improvement Plan (Page 205) through End (Page 258)

IMPORTANT DOCUMENTS (IN HISTORICAL ORDER):

• Five-Year Capital Improvement Plan Draft
• February 28, 2008 Capital Budget Public Hearing - Town Manager’s Presentation
• March 24, 2008 Budget Presentations on General Government, Community Services, and Parks & Facilities
• March 26, 2008 Budget Presentations on Public Safety and Public Works
• March 27, 2008 Budget Presentations on BOE, Planning and Community Development, Finance and Other Issues
• April 3, 2008 Town Manager’s Recommended Budget Presentation (at THS)
• Town Manager’s Recommended Budget
• Budget Mailer (Explanatory Text) for May 6th Referendum
• April 29, 2008 Town Council’s Budget Presentation