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Local - Budget
Update from Bill Generous on state budget votes

 

 

 

Update from Bill Generous on state budget votes.

 

June 16, 2008

 

A record number of towns had or will have a town budget referendum this budget season.  A little over half of Connecticut towns, or 85 towns, are referendum towns this year.

 

Spending increases are lower this year.  The median approved spending increase for a referendum town to date is 3.8%.  It was 5% last year and 5.3% the year before that.  The economy is causing citizens to put more pressure on town budgets.  Additionally, revaluations have shifted more of the tax burden onto homeowners and this usually results in a town tightening their belts further.  50 towns are either having a revaluation or phasing in a prior revaluation this year.  Continued http://www.hebrondollarsandsense.com/the-news/92-update-from-bill-generous-on-state-budget-votes-june-16-2008

 

 

 

Bill Generous

Windsor, CT