Tag Archives: Board of Finance

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Finance board chairman stepping aside

BEACON FALLS — After more than two decades of public service, Jack Levine is planning to step aside this month. Levine, 71, currently serves as the chairman of the Board…

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Board voices frustration with school spending

BEACON FALLS — The Board of Finance has raised issues with school spending after budget surpluses have increased each of the last three years. In a letter dated Aug. 24…

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Board recommends appraisal of school

BEACON FALLS — The Board of Finance wants the town to get its own appraisal of Community School in Prospect before the Region 16 school district moves forward with selling…

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Finance board sets mill rate

BEACON FALLS — The Board of Finance set the mill rate for the 2015-16 fiscal year at a meeting last week. The mill rate was set at 33.4, which is…

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Borough officials send budget to hearing

NAUGATUCK — Borough officials have backed a $116 million budget for fiscal year 2015-16. The Joint Boards of Finance and Mayor and Burgesses approved the spending plan, which is an…

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Town budget sent to vote

BEACON FALLS — About a dozen people turned out for a public hearing last week on the proposed 2015-16 municipal budget. The budget proposal is $6.23 million, an increase of…

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Library officials request no increase

NAUGATUCK — The Whittemore Library will be moving forward with its current funding level. Library officials presented their 2015-16 budget request to the Board of Finance Monday night. The request…

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Fund balance eyed for projects

BEACON FALLS — The town has earmarked $850,000 from the general fund balance for capital expenditures. A recent audit showed that as of June 30, 2014 the town’s general fund…

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Vote on school budget to wait

NAUGATUCK — The Board of Finance is holding off on making a decision on the proposed school budget until firmer figures are known. The Board of Education is requesting $62.5…

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Planned bond for work doubles

NAUGATUCK — The borough’s proposed bond package increased by $6 million due to more extensive upgrades needed at the wastewater treatment plant. On Tuesday the Board of Finance and Board…