Business & Tech
Brookfield Board of Finance Sets New Mill Rate
The new mill rate for Brookfield was set at Wednesday's Board of Finance meeting.

BROOKFIELD, CT — Members of the Board of Finance voted unanimously to set the 2016 mill rate for Brookfield at 26.40 after an extensive review and discussion of the results of the 2016-17 Budget Referendum.
According to meeting minutes, the 26.40 mills on the dollar is on the Grand List of October 1, 2015. The annexed Rate Bill is made in accordance with the vote and will require taxes to be due and payable as follows:
- All tax being due upon all motor vehicles in full on July 1, 2016
- All other property included in the Grand List to be paid on July 1, 2016
- Payment made in two equal installments on July 1,2016 and January 1, 2017.
- All tax bills of $100.00 or less are due in full on July 1, 2016.
According to Zack's Finance, a mill equals one-thousandth of a dollar and is based on the assessment value for your property. Click here to calculate how much you will pay in taxes this year based on the new mill rate.
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