The New Milford Board of Finance has made another round of cuts to the proposed budget. $968,000 from the municipal spending plan and $532,000 from the schools will make up for a $1.5 million revenue miscalculation by the town's finance director. Initially Mayor David Gronbach included the sale of some town properties to offset the problem. The New Milford school budget is $62.8 million, with $38.2 million for the town.