Posts Tagged ‘ Board of Finance ’

Town sets tax rate at 29.64 mills

May 18, 2016
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Money 3

By TAYLOR HARTZSTAFF WRITER The Board of Finance (BOF) set a new tax rate for Southington last week, of 29.64 mills. The mill rate was approved unanimously by the BOF on May 11, after the Town Council approved the town’s 2016-2017 budget of $141.3 million. This means that Southington taxpayers will pay $29.64 in taxes for…

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Council passes budget with plans to restore cuts

May 11, 2016
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Budget 2

By TAYLOR HARTZSTAFF WRITER The Town Council voted on May 9 to unanimously approve budgets for the general government, the Board of Education (BOE), the sewer fund, and the animal control fund. The new budget will go into effect on July 1 for the 2016-2017 fiscal year, at a total of $147 million. The approved budgets…

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BOF unanimously approves budget

April 6, 2016
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Budget

By TAYLOR HARTZSTAFF WRITER The Board of Finance (BOF) was in full agreement on March 30, casting four unanimous votes to approve next year’s budget. The board voted on the budget for fiscal year 2016-2017 by dividing it into four parts – general government, Board of Education (BOE), animal control, and sewer funding. The unanimous votes…

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Finance board finalizes budget

March 30, 2016
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Money 1

By TAYLOR HARTZSTAFF WRITER The Board of Finance (BOF) held three workshops this month to determine the budget for the 2016-2017 fiscal year. At a public hearing on March 7, the BOF opened the floor for residents to share their questions and concerns before these workshops. This year’s budget request totaled $143 million, a $4.7 million…

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Finance Board announces 2015 budget surplus

August 20, 2015
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Budget

By TAYLOR HARTZSTAFF WRITER The Board of Finance met on July 29 to assess the town’s current financial state. Town Manager Garry Brumback applauded the finance department, who he said “managed the budget very, very, well all year long.” Finance Director Emilia Portelinha explained that, according to projections, the town spent less than they planned. The…

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Budget backed at public hearing; Council to vote on the proposal May 12

May 1, 2014
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By Lisa Capobianco Staff Writer Southington residents who spoke at the Town Council’s public hearing Monday night offered their support to the proposed 2014-2015 total municipal budget, which will result in about a 3.3 percent tax increase for residents. The school board’s proposed budget is a total of $87,072,005 for 2014-2015, which reflects an increase…

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Board of Fiance approves school budget in full

April 2, 2014
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By Lisa Capobianco Staff Writer The finance board recently voted 5 to 1 in support of the Board of Education’s proposed budget as presented for Fiscal Year 2014-2015. The school board proposed a budget of $87,072,005, which reflects an increase of 3.37 percent over this year’s adopted budget of $84,233,204. “It’s just an incredible moment…

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Looking at the budgets; Few residents attend hearing

March 7, 2014
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By Lisa Capobianco Staff Writer Members of the community addressed the proposed 2014-2015 budgets of the Board of Education and the General Government/Town Manager during a public hearing Monday night. The school board’s proposed budget is a total of $87,072,005 for 2014-2015, which reflects an increase of 3.37 percent over this year’s adopted budget. The…

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All day kindergarten implemented; School board cuts the SOAR program

May 31, 2013
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By Rob Glidden Staff Writer The Board of Education managed to save its proposed all-day kindergarten program despite reductions made during the budget process, but at a price that left the officials uneasy. The decisions made by the Board of Finance and the Town Council left the school board with about $84.2 million to work…

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Residents to save $4 in taxes; Board of Finance slightly lowers mill rate

May 23, 2013
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By Rob Glidden Staff Writer The Board of Finance approved a mill rate for the next fiscal year that will result in a tiny tax reduction for residents. After its $129 million proposed budget was approved without changes by the Town Council, the BOF officially set the next mill rate at 27.46, a drop from…

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