The New Milford Board of Finance held budget deliberations this week and made the several adjustments. On the municipal side, there was a $1.1 million reduction, taking $500,000 from the personnel line and $650,000 from capital. The Board of Ed request was reduced by $1 million.
Another $500,000 from the Landfill Settlement Fund will be added to the proposed budget to offset some of the reduction. The Investment line will be reduced by $250,000, resulting in a net decrease to the tax rate of .69 percent.
The proposed budget now moves to the New Milford Town Council for final review and to adjust the recommended Town side per line item. The Board of Education will adjust the line items in their budget.
Mayor Pete Bass called a special Town Council meeting to be held June 1st for deliberations.