Stonington Board of Finance approves budget with spending increase, tax rate decrease – theday.com

Stonington — The Board of Finance on Tuesday night voted 5-2 to approve a proposed 2022-23 budget that calls for as 0.19-mill tax rate decrease despite a 4.9% increase in spending. Residents will vote at a referendum later this spring on whether to approve the $76.7 million proposal that would lower the tax rate to 23.66 mills. The board was able …

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