(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.

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(April 8, 2008) - The Town Council on April 7, 2008 adopted a FY 2008-09 Town Operating and Capital Budget in the amount of $49,279,966. The budget requires a 1.12 increase in the mill levy for a 3.95% increase in the current tax rate or 29.51 mills. Changes in the budget plan from that proposed by the Town Manager include the following:

• Reduction in the Town Council Budget of $5,000 which was to be used to purchase a live feed camera for the Council Room;

• Reduction of $2,596 in the Town’s required contribution to the Other Post Employment Benefits account; and

• $50,000 reduction in the Capital budget made possible by the use of CNRE funds to offset a portion of the cost of the Plan of Conservation and Development rather than moving forward at this time with an update of a proposed school renovation project.

• In addition, the Town Council instructed the Town Manager to reinstate the Library evening hours reduced during the last budget process, on Wednesdays as well as Tuesdays, with the cost to be found with existing funds proposed for the Library budget.

To determine the tax impact on your home of the Town Council’s proposed budget, go to www.visionappraisal.com to obtain your home’s assessed value. Then multiply the assessed value by the proposed 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 current mill rate is 28.39 if you wish to compare this year to the next.

The Town Council’s budget will be presented at the Annual Budget Presentation meeting to be held at the Tolland High School Auditorium on Tuesday, April 29th at 7:30 p.m. An explanatory text will be mailed to each household with details on the proposed budget; the mailer can also be accessed by clicking here.

Click here to return to 2008-2008 Budget Information homepage