May 14 – MANCHESTER – The Board of Directors approved a budget for 2021-22 on Thursday evening that will keep the tax rate constant for the second year in a row.
In an 8: 1 vote, the board approved a budget of around $ 198 million for the next fiscal year. Director Brian Marois was the only vote against the budget.
The budget provides for a tax rate of EUR 36.52 million, which corresponds to the current operating budget. Previously, an increase in the milling rate of 1.23% to 36.97 mills was to be expected. The lack of tax hikes is partly due to new funding through the US bailout plan passed in Congress earlier this year.
This story will be updated.
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