Milford budget vote expected May 14
Milford's aldermen are expected to vote on the city and school budget May 14 (tonight) at Milford City Hall.
The board will vote and set a new mill rate at its meeting starting at 7 p.m.
Other dates are held in reserve in case it takes the board more than one meeting to reach a consensus.
Prior to the aldermen’s review, the Board of Finance had supported a 2015-16 budget that would raise taxes by $144 on the typical house with a market value of $311,070.
Altogether, the city and school budget proposals total $202.18 million under the finance board plan, which is an increase of $3.8 million over the current year, or a 1.94% increase.
Under the plan, the current mill rate would go from 27.22 mills to 27.88 mills, which is an increase of .66 mills, or a 2.4% mill increase.
The aldermen have been reviewing the proposal for several weeks, meeting with individual departments to ask questions in preparation for their May vote.