On Tuesday, March 25, residents of Berlin, CT, will have a vital opportunity to engage in the budgetary process at the annual budget hearing, which begins at 6 p.m. in the Berlin High School auditorium. This forum allows taxpayers to share their insights regarding the allocation of their tax dollars and to understand potential tax implications for the upcoming summer.
At the heart of this discussion is the proposed 2025-26 spending plan, which outlines a mill rate projected at 30.79 for both motor vehicle and real estate/personal property taxes. This figure indicates a 0.58 mill increase compared to the current rate, translating to an anticipated tax hike of $145 on a home valued at $250,000.
The overall budget for the town and schools sums to $106.95 million, a significant increase of $4.12 million or 4 percent. Specifically, the town general government budget is set at $50.32 million, while the board of education budget stands at $52.517 million, both reflecting the same percentage of growth.
It is crucial to note that while these figures lay the groundwork for the budget, residents’ feedback on Tuesday may lead to adjustments before the final numbers are presented to voters on April 29. For further details on the Town of Berlin’s budget process and timeline, interested parties can follow the provided link.
Berlin, CT, is hosting its annual budget hearing on March 25 at 6 p.m. Residents can share feedback on the proposed 2025-26 budget, which anticipates a mill rate increase and a tax rise of $145 for a typical £250,000 home. The combined budget stands at $106.95 million, reflecting a 4 percent increase. Final voter decisions will occur on April 29, influenced by community input from the hearing.
The Berlin budget hearing on March 25 offers residents a chance to voice their opinions on the proposed spending plan, directly influencing local financial decisions. With a planned budget increase and potential tax hikes on the horizon, community engagement will play a pivotal role in shaping the final outcome. Ultimately, residents’ input could lead to revisions before the vote on April 29, setting the stage for future fiscal management in Berlin.
Original Source: patch.com