SHELTON, Conn. -- The mayor of Shelton has proposed a budget for the next fiscal year that could lower taxes a bit for city residents, according to the Shelton Herald.
The $123.3 million budget proposed by Mayor Mark Lauretti is a 0.8 percent increase over the previous year, but would decrease the mill rate from 22.31 to 22.21 mills, according to the Shelton Herald. This would be the first change in the city's mill rate in four years, the Shelton Herald reported.
The proposed budget takes into account decreased education cost sharing from the state, and Gov. Dannel P. Malloy's proposal that municipalities would cover one-third of teacher pensions, the Shelton Herald reported. The budget does not increase spending for the city's schools, despite the Board of Education's request for an additional $1.8 million, according to the Shelton Herald.
City officials will begin analyzing the proposed budget, with the Board of Alderman set to approve or reject it by May 31.
Click here to sign up for Daily Voice's free daily emails and news alerts.