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The Board of Finance unanimously approved a $152.7 million operating budget, which would increase the mill rate to $16.84 a 3.15% increase from this year’s $16.47 if the Representative Town Meeting on May 10 passes the spending and tax plan unchanged.
The board had received spending proposals from the Board of Selectmen and Board of Education which would have increased taxes by 7.32% Finance Board Chairman Jon Zagrodzky said at the board’s Tuesday night meeting.
Image from the meeting video
Board of Finance Chairman Jon Zagrodzky
“Nobody likes a tax increase,” Zagrodzky said, but after to the “scary” budget proposals sent to the Board of Finance, the 3.15% mill rate increase “is much more palatable than what we started with, and not completely out of line, given the mill rate increases we’ve seen in the past.