North Stonington to hold virtual budget hearing on Monday
North Stonington — The town will hold a virtual public hearing on the proposed 2020-21 budget of $20.6 milion and its a .79-mill tax rate increase on Monday at 6 p.m.
Information on the hearing including logon information, how to comment and the proposed budget can be obtained by calling Town Hall at (860) 535-2877 or by visiting https://www.northstoningtonct.gov/home/pages/north-stonington-annual-finance-public-hearing-june-1-600pm . Participants will be able to attend by phone or using Zoom.
The proposed spending plan calls for a $411,209 or 2 percent increase compared to the current budget.
A total of $344,275 of the increase is in the school budget. The general government budget would increase $35,565 or 0.7 percent and the debt payments would increase $139,020 or 13 percent due to the school renovation and emergency services building projects. Those increases would be offset in part by a $107,651 decrease in the capital improvement budget. The proposed budget would increase the tax rate from the current 29 mills to 29.7 mills.
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