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Proposed mill rate would rise to 32.42 as Avon attributes majority of increase to medical insurance

Board of Finance Public Hearing · April 6, 2026
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Summary

Officials said the proposed FY 2026/2027 mill rate would rise to 32.42 (a 5.43% increase), driven mostly by increased employee medical insurance costs that explain about 58% of the required property tax levy increase.

Board materials show the town’s proposed mill rate rising from 30.75 to 32.42 (a 1.67 mill or 5.43% increase), calculated from a requested property tax levy of $105,028,156 over a 2025 net grand list of $3,239,828,600. Presenters attributed roughly 58% of the $5,908,739 property tax levy increase to a $3.4 million increase in active employee medical insurance costs.

Slides and presenters emphasized that outside of the insurance impact the remaining mill rate increase amounts to roughly 2.28%. The budget document provided detailed fund totals: General Fund total proposed $116,842,868 and All Funds total $124,311,191. Town leaders urged residents to follow next steps: a budget workshop on April 8, the annual meeting on May 4 and the referendum on May 13, 2026.