Mill Rate To Rise 2% In New Canaan As Town Council Approves Budgets

NEW CANAAN, Conn. -- The New Canaan Town Council has unanimously approved the town and school budges for 2016-17, according to the New Canaan Advertiser.  

New Canaan First Selectman Robert Mallozzi III

New Canaan First Selectman Robert Mallozzi III

Photo Credit: FIle

On Wednesday, the Town Council members approved a town budget of $144,073,849, which is 2.09 percent higher than this year's budget, according to the Advertiser.

In addition, the school budget of $86,240,844 was also approved, added the Advertiser.

As a result, New Canaan's mill rate will rise 2.05 percent to 16.312 mills, an increase of 3.17 in the property tax rate, the Advertiser said. 

Click here to read the New Canaan Advertiser story.

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