COVENTRY — Hoping to come up with a budget that taxpayers could get behind after last month s failed referendum, the Coventry Town Council this week approved an alternate Fiscal Year
COVENTRY â The Coventry Town Council this week began to review the town managerâs proposed Fiscal Year 2022 municipal budget, a $112.5 million spending plan that calls for a 3.95 percent increase in property taxes.Â
Following a pair of public hearings early next month, the Town Council will adopt a budget later in May to be presented to voters during an all-day referendum in June.Â
After the level funding of 2021, the tax increase proposed in 2022 will be necessary to âmaintain our current level of service without falling further behind,â Town Manager Benjamin Marchant said during Mondayâs council meeting.Â
In the weeks since he became Coventryâs town manager, Marchant said he and Finance Director Lisa Mills, who is also new to the town, have spent a lot of time meeting with each department head to review their budget needs, especially in the midst of a level-funded year.Â