CFO presents FY2027 budget assumptions; staff projects a 1¢ tax-rate decrease
CFO Stephen Glickman outlined the FY2027 budget calendar and assumptions: a projected 1¢ decrease in operating tax rate, 4% compensation increase, 7% health-insurance increase, 4% water and sewer rate adjustments, and an estimated $280,000 general-fund surplus to apply to decision packages or further rate reduction.
The full story
Stephen Glickman, the town’s Chief Financial Officer, presented the FY2027 budget introduction and walked council through the calendar, baseline assumptions and next steps.
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