City budget to come before Board of Finance for approval this evening; next step Joint Board in May

Posted By: David Fortier April 25, 2023

Two successive Board of Finance meetings will be held this evening, Tuesday, April 25. The first will involve regular board business, and the second, a vote for the adoption of this year’s budget with time allotted for the public to address budget concerns.

Both meetings will be held in the City Hall West Meeting Rm. 1, 131 N. Main St. The first will begin at 5:30 p.m. The second will follow immediately. If the board approves the projected budget, it will come before the Joint Board, comprised of the finance board and the city council, at its next meeting Tuesday, May 9.

This year’s mill rate will be 20 percent less than last year’s because of the property revaluations, according to a video provided by the assessor’s office. However, the average increase in housing values have risen 35 percent, which led to the need to decrease the mil rate.

For an explanation of the tax process, refer to this video provided by the Bristol Assessors Office. For a link, click here.

For a link to the regular Board of Finance meeting, click here.

For a link to the agenda for the budget approval meeting (and associated documents available through hyperlinks), click here.

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