City Council approves $127M budget with 1.6% tax increase for residents

Coventry Town Council has approved a responsible budget for the upcoming fiscal year, totaling $127 million, which includes a modest 1.6% tax increase. This decision, made during the council meeting on April 29, 2025, is expected to result in an annual increase of approximately $100 for homeowners with properties valued around $400,000.

Town Manager Perillo highlighted that the budget addresses several critical community needs, including the addition of necessary staff positions, road paving, funding for school deficits, and the purchase of new garbage trucks. The budget also allocates resources for the opening of Briar Point, reflecting the council's commitment to balancing taxpayer interests with essential services.

During the meeting, council members discussed specific salary increases for key personnel. Notably, the planning director and the director overseeing a significant $5 million annex project will receive raises above the standard 3% due to their expanded responsibilities. These adjustments aim to retain talented staff amid competitive offers from other municipalities.

The council also addressed public inquiries regarding the management of impact fees collected from development projects, which are earmarked for various community services, including parks and police. Additionally, discussions included the ongoing redevelopment of Johnson's Pond, which has received initial funding but currently lacks a dedicated budget line.

As the council moves forward, the approved budget reflects a strategic approach to community development and fiscal responsibility, ensuring that Coventry can meet its growing needs while maintaining financial stability.