MILTON, Vt. - The Milton Selectboard will be holding budget meetings Tuesday and Wednesday nights. On the docket, is a 2.8% tax increase proposed by the town manager.
Manager Brian Palaia has proposed a $7.2 million town budget for fiscal year 2015. It's a 4% spending increase over last year. This proposal calls for a 2.8% tax increase which would equal about $33/year for the average Milton resident.
The tax increase would have to be approved by the Selectboard and then sent to a public vote. Similar tax rate increases have been passed over the past few years in Milton. 2.8% actually ranks lower than previous years.
The budget includes money from the town's road restoration and sidewalk repair fund.
Milton Town Manager Brian Palaia said, “If we get some additional grant money from the state, we're going to do some road restoration on part of Everest Road and also, if we get some funding from the state, we'll match our local money to get some bridge replacement out on East Road."
Budget meetings are being held Tues. Jan. 7th, Wed. Jan. 8th, and Mon. Jan. 13th at 6pm at the Milton Municipal Building. The budget could be finalized by January 20th.