The selectmen’s budget, as passed by the Finance Board, would be $46,100,131 in the fiscal year starting July 1; the education budget would be $106,624,199. Those two total $152,724,330 in operating budgets paid for almost entirely through town taxes. During the meeting, there was no debate or discernible disagreement on the budget, and no votes against it on the seven-member board. The RTM may cut any of these budgets but not increase spending, and it can’t cut any specific items from the education budget, only the total amount.
“Nobody likes a tax increase,” Zagrodzky said, but after to the “scary” budget proposals sent to the Board of Finance, the 3.15% mill rate increase “is much more palatable than what we started with, and not completely out of line, given the mill rate increases we’ve seen in the past. Board of Finance Chairman Jon Zagrodzky
“But also, frankly, the expenditures that both boards are having to make, not just for operations, but for things like debt service,” he said. “So when you take all that into account, my general view is that we’ve ended up in a very good place — if you, again, think of everything from the union contract increases to COVID spending to general operating increases across the board. Everybody’s done a great job of trying to keep those well managed.” Image from the meeting video
—Money for the design of a HVAC (heating/ventilation/air conditioning) project for Holmes School — $305,000 —Sidewalk repair and replacement, $762,000 —Replacing of Royle School roof — $862,750
The Board of Finance also approved bonds for three separate projects: Other amounts approved in the package of town budgets approved Tuesday night: an appropriation of $3,279,023 from the Capital Reserve Fund; $4,165,66o from the Sewer Operating Fund; $211,809 from the Sewer Capital Fund; $824,665 for the Parking Lot Administration Fund; $278,632 for the Parking Lot Capital Fund.
The News Highlights
- The Finance Council recommends a $ 152.7 million operating budget for RTM, with a 3.15% tax increase
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