Trumbull Mill Rate Increase Set By Board Of Finance

TRUMBULL, CT — The Board of Finance approved a mill rate of 34.74 for the coming fiscal year at its Monday meeting. The rate is a 2.12 percent increase from the current year.

The board is expected to approve a transfer $510,000 to the Board of Education that was requested by First Selectman Vicki Tesoro at its July meeting, according to the Trumbull Times.

The town budget set aside more than $510,000 to cover an anticipated new cost to teacher pensions, however, the state General Assembly voted not to pass the burden onto local towns.

Trumbull will still get about $218,000 less in state aid for the coming fiscal year compared to the current fiscal year. However, the loss is about $947,000 less than what was originally proposed by Gov. Ned Lamont earlier this year, according to the state Office of Fiscal Analysis.