Newtown residents have approved budgets for the coming fiscal year by a large majority. The municipal side was approved 2,379 to 814. The education plan was approved 2,246 to 939. There was an approximate 19 percent voter turnout.
The budget is $111.73 million and is a .6 percent increase over the current fiscal year. The municipal side is $40.1 million and the schools asked for $71.6 million.
Even though there is a spending increase, there is a projected reduction in taxes by .7 percent. This is because of intergovernmental revenue increases, new grand list revenue and more savings in health insurance costs for municipal employees.