WILTON — The finance committee and selectboard have made recommendations on a $3.39 million proposed budget. The finance committee met on Monday, April 1 and the selectboard on Monday, April 8. Both recommended approving all budgetary items.
The town is expecting just over $1 million in revenues to offset the budget.
The spending plan for 2019-20 is 6.7%, or $220,265, greater than the current budget.
The proposal does not include the town’s share of Regional School Unit 9 costs, which has not yet been determined.
The increase is attributed, in part, to a 2.5% pay raise for employees, said Town Manager Rhonda Irish.
Another factor is the proposal for setting aside $20,000 for sand and $34,000 for salt in order to build up reserves.
“Last year we budgeted $10,000 for sand and $14,000 for salt,” she said. “We’ve seen what the last two winters have been like and we need to build our stock.”
Forster Mill demolition debt service has increased from $50,000 to $75,000. This is to repay the Department of Environmental Protection and Department of Economic and Community Development loans used to help fund the project.
“The Selectboard may still consider the use of undesignated funds to offset any increase at tax commitment time,” said Town Manager Rhonda Irish in an email Thursday.
Voters will consider the budget at the annual Town Meeting on Monday, June 17.
dmenear@thefranklinjournal.com
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