Legislation Details

File #: 26-0902    Version: 1 Name:
Type: General Discussion Status: Held
File created: 6/23/2026 In control: Finance Committee
On agenda: 8/5/2026 Final action:
Title: Discussion to develop a Plan/Options/Strategy to minimize the increase to the Fiscal Year 2027/2028 Mill Rate, considering a number of variables/uncertainties such as the following: * The State does not provide the additional funding that was received for the Fiscal Year 2026/2027 Budget; * Reduction in other revenues such as Motor Vehicle, etc.

AGENDA REQUEST

GENERAL DISCUSSION ITEM

 

Subject:

title

Discussion to develop a Plan/Options/Strategy to minimize the increase to the Fiscal Year 2027/2028 Mill Rate, considering a number of variables/uncertainties such as the following:

 

                     The State does not provide the additional funding  that  was received for the Fiscal Year 2026/2027 Budget;

                     Reduction in other revenues such as Motor Vehicle, etc.

end

 

 

Background:

Town Council June 10, 202 Meeting:

 

During the discussion to set the Mill Rate at Town Council’s June 10, 2026 meeting they discussed the importance to start working to develop a Plan/Options/Strategy to minimize the increase to the Fiscal Year 2027/2028 Mill Rate, considering a number of variables/uncertainties such as the following:

 

                     The State does not provide the additional funding  that  was received for the Fiscal Year 2026/2027 Budget

                     Reduction in other revenues such as Motor Vehicle, etc.

 

 

 

 

Department Comment/Recommendation:

(type text here)