Town Meeting Approves $2.8 Million Offset

The Milford tax base will receive tax relief, but not after some debate at town meeting.

Representatives at Monday night’s Special Town Meeting voted to return $2.8 million of the town’s $5.7 million budget surplus to the property tax base according to the Milford Daily News. The vote means the average residential tax bill will drop from a 4 percent increase to 1.7 percent. Businesses will see the average go from a six percent increase to 1.3 percent.

Some members recommended reducing the number to $2 million and using the $800,000 for the Woodland School debt. The meeting however, stuck with the initial figure.