Tax Decrease Approved In North Haven Budget

NORTH HAVEN, CT — The North Haven Board of Finance this week approved a $108.7 million town budget that increases spending and decreases taxes for the 2020-21 fiscal year, according to the New Haven Register. The town budget is traditionally approved by the public through a referendum vote, however, Gov. Ned Lamont issued an executive order in March that gave the towns’ fiscal authorities the ability to adopt budgets without a referendum due to the coronavirus pandemic.

The Register reports the approved budget lowers the mill rate by 1.5 percent while increasing spending by about 5 percent over current levels, including $2.7 million more for the Board of Education. First Selectman Michael Freda said increasing spending while decreasing the tax rate was possible because of significant grand list growth.

While the tax rate will decrease, some residents might see no change or an increase in the taxes they because of last year’s property revaluation, according to the Register.

Read more at the New Haven Register here.