Marcia Chambers Photo
The Board of Finance held its final budget approval meeting last night where it set the mill rate for the 2015 – 16 tax year.
“It is what you started with back in March,” Jim Finch, finance director, reported to Mooney. (In an unusual development, the Representative Town Meeting, which is now controlled by the Republicans, did not make any further decreases to the town-school $103.6 M budget.)
The mill rate came in at 26.93 mills, which is now the rate upon which a homeowner’s taxes are based. This mill rate will translate into a roughly 2 percent increase for property owners.
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