Town Council approves Municipal and School Budgets

During a Special Meeting on Monday, May 15, 2023, the Town Council voted 7-0 in favor adopting the Fiscal Year 2024 Municipal General Fund Operating and CIP Budget of $20,501,626.  This includes the estimated overlay of $200,000 and county assessment of $1,860,103, with estimated non-property tax revenues of $8,968,140, use of fund balance of $1,600,000 and estimated property taxes of $9,933,381.  The council voted 5-2 in favor of approving the School Department budget as recommended by the School Board for Fiscal Year 2024 for a total appropriation of $34,170,000 and estimated revenues of $3,597,711.  Councilors Timothy Reiniger and Susan Gillis voted against the budget.  

Prior to approving the School Department budget, Reiniger made a motion to amend the school budget by a reduction of $1.8 million.  Gillis seconded the motion.  The motion failed by a vote of 2-5.

The final step in the School Department budget process is the citizen referendum on June 13.  Absentee ballot requests are now being accepted ONLINE, via mail, or by contacting the Town Clerk's office at 799-7665.  Absentee ballot requests must be submitted by 4:00 p.m. on June 8.  For more information, please visit the Elections & Voting webpage.

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