BOARD OF FINANCE APPROVES FY2021 BUDGET OF $153.96 MILLION -- INCREASE OF 1.33%
The Board of Finance on March 5, 2020 approved a Total Expenditure Budget of $153.97 million for fiscal year 2021, representing an increase of 1.33% over fiscal year 2020 Budget (adjusted) of $151.94 million.
The Board of Finance’s budget recommendation now goes to the Town Council which may accept, reduce or reject the Finance Board’s budget recommendation. The Town Council will hear from Departments and after an official notice will hold a public hearing on the budget on March 31, 2020. The Town Council will approve a final budget on April 2, 2020.
Read the full Press Release here