Farmington voters deciding on higher budget Monday
The $6.85 million budget is up 12.1% because of workers compensation increases.
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FARMINGTON Voters will go to the polls Monday to decide on a budget that’s 12% more than last year but is not expected to result in a tax increase.
The almost $6.85 million budget is up 12.1% with most of the increase coming from workers’ compensation adjustments as a result of the 2016 explosion of the LEAP Building on Farmington Falls Road.
“While this budget is up, it gives me a great deal of comfort to say there is absolutely no reason for it to result in a tax increase this year,” Town Manager Richard Davis said during an April 13 meeting on the referendum. “Despite the pandemic, the town’s revenues remain strong. We added more than $600,000 to the unassigned fund balance, which now stands at more than $3 million.”
Farmington voters to decide Monday on budget inflated by workers comp following 2016 LEAP building explosion
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