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Finance board adopts a proposed town budget
Litchfield.bz (03-21-13)


A proposed town budget for 2013-14 is ready for the scrutiny of taxpayers in Litchfield.
 
The spending plan adopted by the Board of Finance on Monday is $27,610,466, an increase of $380,065, or 1.4 percent, over the current budget of $27,230,401. Taxes would increase by four-tenths of 1 mill under the proposal, from 22.2 mills to 22.6 mills.
 
For a taxpayer with real estate assessed at $200,000, that would mean an increase in taxes of $80, from $4,440 paid this year to $4,520.
 
The proposed budget includes $15,826,545 for the Board of Education, $8,398,480 for the Board of Selectmen, and $3,385,441 for debt payment and capital improvements.

The school board and selectmen are both seeking small increases in spending, with the school board looking for $174,794, or 1.12 percent, more, and selectmen asking for $153,843, or 1.87 percent, more.
 
Selectmen, unlike the school board, didn't have to make any cuts to their budget, which was reviewed by the finance board on Monday and determined to be adequate. Last week, the school board had to cut its budget by $286,000 to meet a request of the finance board.
 
The next step in the budget process is a public hearing on April 24. A town meeting vote on a proposed budget is set for May 8.