Budget Update – 5/4/2010
The Finance Board made additional reductions to the Borough budget on Monday (5/3/2010) night. The proposed budget, which can be viewed here, will be presented to the Joint Boards of Finance and Mayor and Burgesses on Thursday, May 6, 2010, 6:30 PM, at Town Hall. It is likely that the public hearing on the budget will take place on Monday, May 10, 2010, at a time and place to be determined. All meetings are open to the public.
Bill Generous said,
Thank you for posting the proposed budget for Naugatuck. As of 5/9/2010, 38 CT towns have adopted budgets for Fiscal Year 2010-11. The median spending increase of those budgets is 1.74% and they carry a median effective tax rate increase of 2.80%.
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