3/31/2021
Worst-case scenario budget proposes 2.44 percent tax increase
SMITHFIELD – The newly formed Smithfield Budget and Financial Review Board will hold its first public hearing on April 14 at 5:30 p.m., giving Smithfield residents a look at the 2021-2022 town budget.
As proposed, the fiscal year 2021-2022 budget will total $85,764,818, including enterprise items such as water, sewer and the ice rink that are self-funded. That figure also includes the schools’ budget of $40,579,679.
Town Manager Randy Rossi told The Valley Breeze & Observer he worked with all town departments to create a solid budget that straight-funded the School Department’s requested town appropriation, resulting in a possible 2.44 percent increase in the tax levy.