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Politics & Government

Mill Rate Hike For Haddam

Haddam residents slated for a 3% tax increase

The Haddam Board of Finance met Wednesday and set the mill rate at 28.23 with an expected tax collection rate on 98.5% by a vote of 5 yes to 1 no.

Board member Lucille Silvestrini was the only dissenting vote.

Silvestrini felt a collection rate of 98.5% in these difficult times was too optimistic. She felt a more conservative collection rate should have been chosen.

Lowering the collection rate would have resulted in a higher Mill rate to make up for the projected shortfall. 

The 28.23 mil rate represents a 3.02% increase in taxes for Haddam taxpayers..

The mill rate was set under the assumption this budget will not be amended and that the state will make good on revenue funding to towns as was recently approved with the state budget.

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