The New Milford Town Council has approved a $100.9 million budget. School funding is unchanged from the current year, and there are about $120,000 in cuts on the municipal side. Due to state funding cuts, the tax rate will increase about 3.8 percent. The Board of Finance will now consider the tax and spending plan. Part of the budget includes reducing the town's share of the Candlewood Lake Authority contribution by $7,800.