- Front Porch
Budget at a glance
The Southington town manager’s proposed budget for fiscal year 2014-15:
Total spending: $138,608,727
Increase over last year: $9,294,522 (7.2%)
Spending from reserves: $4.27 million
Tax rate increase: 0.9 mills
SOUTHINGTON — Despite more than $9 million in new spending, Town Manager Garry Brumback’s proposed budget includes a modest mill rate increase.
Under his plan, town government spending would increase by more than 14 percent and education spending would increase by 3.4 percent. About half of the town government spending comes from reserves, Brumback said, and wouldn’t have a major impact on tax rates.
He’s proposing $4.27 million in spending on capital projects that have been postponed in previous years, including trucks, culverts and park improvements. Paying for these projects in part from reserves reduces the amount that needs to be borrowed.
“These are things we need to do for the long-term benefit of the community,” Brumback said. “We’ve put back money each of the past few years.”
The total proposed budget is $138,608,727, an increase of $9,294,522 or 7.2 percent over the current budget.
To fund the budget, the mill rate would have to increase by .9 mills. Each mill is one dollar of taxes on each $1,000 of assessed property value.
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