MONROE — In roughly a week, Monroe residents will get chance to vote on the town’s proposed 2019-2020 budget, which First Selectman Ken Kellogg hopes does the job of funding town services and improvements, while simultaneously keeping taxes low.
“The budget was developed with an overarching goal of controlling taxes, while ensuring that we continue to invest in roads and infrastructure, deliver cost-effective services to our community, provide excellence in education, and maintain the good financial health of the Town,” Kellogg said in a news release issued Friday.
On May 7, Monroe residents will head to the polls to vote on whether to approve a $87,852,877 budget, which carries a tax increase of .97 percent from the previous fiscal year. The budget proposal breaks down to $28,940,637 proposed for the municipal budget, $57,246,740 for the board of education budget and $1,665,500 for fund appropriations and contingency.
The contingency line is partly intended to address the uncertainty over how much state aid Monroe will receive in the state budget.
The budget represents a 3.47 percent increase from the 2018-2019, with much of that due to a 1.81 increase in overall operating expenditures. The increase in operating costs is due to such factors as contractual obligations under collective bargaining and anticipated rises in health care costs.
In the news release, Kellogg said controlling the tax burden was partly the result of conservative spending, and a growing grand list, among other factors.
“By fostering collaboration among departments and creative programming,” the release read, “this budget incorporates certain service improvements without impacting...
from News https://www.ctpost.com/local/article/Monroe-budget-headed-for-referendum-13803950.php
No comments:
Post a Comment