Board of Selectmen 2018/19 Government Budget Proposal

Board of Selectmen 2018/19 Government Budget Proposal

Voluntown, CT
May 15, 2018

Dear Voluntown Residents,

We are happy to inform the tax payers that we are able to reduce the mill rate for the 2018/19 fiscal year by .53 mills. The Governor has signed the bi-partisan bill today, which restores some of the revenue to the town that was previously lost to the town in the holdbacks.

This year the budget layout looks different. We have been working with the town auditor to make sure that the town is following government accounting practices as proposed by GASB, the Governmental Accounting Standards Board.  These practices will show more transparency in the budget and a streamline of funds. This will be an ongoing process.

For the 2018/19 revenue, we are seeing an increase in revenue in some areas like PILOT funding, however we lose the Municipal Cost Sharing Grant, and see less in the Mashantucket Pequot Fund. Though we do receive more than the 2017/18 fiscal year in the ECS (Education Cost Sharing) Grant, we are still down approximately $225,000 from what we received in previous years.

The biggest change that can be seen in the proposed budget is in Public Works. This is mostly due to procedural accounting processes.  After all of the storms in the past few years, we have realized that Snow Removal and Tree Removal are both underfunded.

While we are still in tough economic times, we are able to meet the needs of the town with this proposed budget, while actually decreasing the mill rate.  Our goal for next year is to put together a Capitol Projects Plan for the town.

The Annual Town Meeting to vote on the Government and Board of Education budgets will be held on June 6, 2018 at 7:00PM in the Voluntown Elementary School Gym.

2018-2019 Town of Voluntown Revenue Budget

2018-2019 Proposed Town Government Budget

Tracey Hanson
First Selectman