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Preston finance board agrees to town, school budget cuts

Preston ― Supporters of the Preston Public Library and town schools filled the room Wednesday night as the Board of Finance prepared to cut budgets in the hopes of winning voter approval at the May 11.

Preston school board approves budget with 9 8% hike

Preston ― The Board of Education Monday unanimously approved a proposed $14.7 million budget for 2023-24 budget that calls for a $1.3 million or 9.8% spending increase. The proposed school budget incr.

The Day - Preston residents mum at hearing on budgets with proposed 1% tax cut - News from southeastern Connecticut

Preston  About two dozen residents listened to presentations on the proposed $12.4 million 2021-22 school budget and $4 million town government budget during the first in-person meeting in more than a year, but residents were mostly silent when asked for questions or comments. The finance board earlier this month had approved a $120,000 cut to the school budget, leaving it at a 1.97% increase, and cut $3,900 from the town government budget, which has a 4.21% increase. The board also voted to use $450,000 from the town’s healthy undesignated fund balance to bring the proposed tax rate to 26.67 mills, down by 0.27 mill, or 1%, from this year’s tax rate of 26.94 mills.

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