Town Council gives final nod to bigger budget and lower tax rate for coming fiscal year by William Kelly

Communications Coordinator

The Town Council approved on Thursday a $104.8 million operating budget for the fiscal year that begins Oct. 1.

 The unanimous decision occurred during the second of two public hearings required by the state each September for municipal budgets and property tax rates to be formally adopted.

 The new budget is about 8 percent larger than this year’s $97.2 million spending plan. It includes $2 million to cover a 9 percent employee pay increase, tied to inflation, and for the creation of eight employee positions. The new jobs will bring the town’s workforce to the full-time equivalent of 371 employees.

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