Board approves budget with .98 mill increase
At a glance
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The Board of Finance approved budget scenario two, including a 0.98 mill increase; after capital expense changes, the scenario represents an estimated $2 million reduction in expenses from the previous budget.
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What this means
The approved budget plan raises the mill rate by 0.98 while reducing projected expenses compared with the prior budget. State funds will cover the $750,000 Natchaug boiler and approximately $365,000 in public safety building upgrades, reducing the need for borrowing. Pequot funds will be split evenly between the Willimantic Taxing District and the Town of Windham to help close a budget gap and replenish the undesignated fund balance.
Key decisions
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- Approved budget scenario two with a 0.98 mill increase; Curtis abstained.
- Accepted a plan to use state funds for the $750,000 Natchaug boiler through the Board of Education.
- Approved using approximately $365,000 in new state funds for public safety building upgrades.
- Agreed to divide Pequot funds evenly between the Willimantic Taxing District and the Town of Windham.
- Identified the intended use of Pequot funds as closing a current budget gap and replenishing the undesignated fund balance.
- Accepted the April 20, 2026 minutes, with Chuck abstaining.
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