BRANFORD — The Board of Finance has adjusted the tax rate slightly for the coming fiscal year and set it at 29.07 mills, which represents a 1.5 percent increase over the current year’s 28.64 mills, Finance Director Jim Finch said.
As a result of some minor budget adjustments, the 29.07-mill figure actually is a shade lower than the 29.13 mills it originally would have been based on the $115.29 million town budget the Representative Town Meeting approved for fiscal 2019-20.
The RTM approved the budget on May 14.
The tax increase will amount to $150 on a $10,000 tax bill, Finch said. Each mill is equal to $1 in tax for every $1,000 in assessed property value.
“The budget meets the programmatic needs of all the departments, while adequately funding our liabilities and self-insured risks,” Finch said.
The budget total includes the local Teachers’ Retirement System contribution proposed in Gov. Ned Lamont’s state budget, along with an additional $300,000 contribution for the newly-created Coastal Resiliency Fund, he said.
It also reflects funding of eight new firefighter positions, Finch said.
The RTM’s approval of the budget came after the body approved a total of $117,248 in changes in the general fund and reduced the $1.46 million contingency fund by $463,514 to $999,998.
Other attempts to amend the budget included a proposal to reduce the education budget by $200,000 by RTM Ways & Means Committee Chairman Peter Black, R-3, which failed on a voice vote.
As part of the budget approval process, the RTM also voted unanimously to approve the recommendations of the Board of Finance to appropriate $60,055 to the Open Space Fund budget; $14,926 to the Sewer Assessment Fund budget; $60,000 to the Board of Education Special Fund budget; and $609,550 to the Board of Education Daycare Fund budget.
In addition. the RTM unanimously approved Board of Finance recommendations to appropriate $4.53 million to the Wastewater Treatment Plant budget; $334,072 to the Animal Control Fund budget; $1.61 million to the Human Services Special Revenue Fund budget; and $598,000 to the Lease Fund budget.