Board of Finance
Board of Finance
John S. Scheppard (R), Chairman
Edmond Mone (R)
Dawn M. Madden (D)
George Seabourne (R)
Kristin Mosimann O'Sullivan (D)
Marie W. Galbraith (D)
Board of Finance Meeting schedule click here.
Click on Government for agendas and minutes.
Town of Thomaston Budgets
The Board of Finance will hold a public hearing on May 13, 2008 7 PM at the Thomaston Center School to discuss the proposed budget for fiscal year 2008-2009 prior to the regular monthly meeting. The budget can be viewed or printed using the link below. The budget proposes a 1.26 mill rate increase from 24.99 to 26.25. The impact on your taxes is demonstrated below:
If your home has a taxable assessment of $200,000 (assessed value $286,000), you are currently paying $ 4,998 in taxes. Under the new proposed mill rate you would pay $5,250. This is an increase of $252 per year or $21 per month.
$200,000 divided by $1,000 multiplied times 24.99 mills = $4,998 Current tax
$200,000 divided by $1,000 multiplied times 26.25 mills = $5,250 Proposed Tax
Since the budget process started, a total of $1,252,010 has been trimmed from spending. The original requests of the departments can be found on the last two pages of the budget document, titled Budget History. These pages also show the departmental voluntary cuts, the Board of Finance's cuts and the final budget.
This trimming has resulted in a 1.12% decrease in spending ($267,832) from the prior year. The proposed total spending is $23,635,790.
Curbside pickup
The Board has proposed the elimination of curbside pickup for garbage for the latter six months of the fiscal year, effective January 1st, 2009. We eliminated the Town's cost for Allied Saniation for 6 months of curbside pickup and 6 months of Recycling pickups. To be conservative we only trimmed 25% of the tonnage tipping fees we currently pay to the Connecticut Resource Recovery Authority, because we are uncertain of how much tonnage will go to the transfer station from town residents. Outside private contractors will be responsible for the tipping fees once implemented in January. The Board was able to trim approximately $154,000 from the Solid Waste & Recycling as a result. The Board of Selectman and the Public Works department will work together to develop a new Town ordinance and fee schedule for the use of the transfer station by the date of implementation.
|
Top | 
Print | 
Email This Page
