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.

IMPORTANT DOCUMENTS:
(the Approved FY 08-09 Budget will be posted as soon as it is printed)

• 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)
• Budget Mailer (Explanatory Text) for May 6th Referendum
• April 29, 2008 Town Council’s Budget Presentation

BUDGET DOCUMENT:

Below is the Town Manager’s 2008-2009 Recommended Budget (as submitted to the Town Council on 03-19-08; the document below does NOT include the changes made by the Town Council on 04-07-08 which are outlined above and which were approved by voters at referendum on May 6, 2008.  The final, approved budget will be posted here as soon as it is printed):

• Introductory Section (pages 1 to 64)
• General Government (pages 65 to 92)
• Planning and Community Development (pages 93 to 110)
• Community Services (pages 111 to 122)
• Public Works (pages 123 to 160)
• Public Safety Services (pages 161 to 178)
• Finance and Records (pages 179 to 198)
• Board of Education (pages 199 to 200)
• Debt Service (pages 201 to 204)
• Capital Improvement Reserve Fund and 5-Yr Capital Improvement Program (pages 205 to 280)
• Statistical Data (pages 281 to 292)