Government & Politics
Darien Board of Finance Proposes Slight Tax Cut, RTM to Vote in May
|
A slight tax cut, shaving eight cents per $1,000 in assessed value in Darien property taxes, would go into effect if the Representative Town Meeting approves the package of budget and tax proposals just passed by the Board of Finance on Monday night. The new mill rate would be 16.08 mills, or $16.08 in taxes per $1,000 in assessed value, due in two installments on Jan. 1 and July 1 next year. The current mill rate is 16.16 mills, and the proposed mill rate would be a reduction of about half of 1 percent. Town officials said they wanted to avoid new programs in the budget, and keep a vice grip on hiring new staff. Capital projects involving construction were also minimized, with some new projects proposed for bonding rather than the operating budgets, spreading their cost into future years.