By Elio Gugliotti, Editor
BEACON FALLS — The Board of Finance on May 4 approved a roughly $7.9 million municipal budget proposal for the 2021-22 fiscal year, but the discussion among officials last week focused on the plan to spend much more than usual on capital projects.
The proposed $7.9 million budget increases the municipal operating budget by about $474,000, or 6.3%, from this fiscal year.
On top of the day-to-day operational expenses, the proposed budget allocates nearly $1.4 million from the town’s unassigned fund balance, or surplus, for capital projects.
The nearly $1.4 million is more than three times what the town used from the fund balance this fiscal year for capital projects.