Frequently Asked Questions

The adopted 2024 to 2025 Town budget totals $143,363,916. This compares to $137,512,573 in 2023 to 2024 or an increase of 4.3%.

The adopted 2023 to 2024 Town budget totals $137,512,573. This compares to $134,251,070 in 2022 to 2023 or an increase of 2.4%.

The adopted 2022 to 2023 Town budget totals $134,251,070. This compares to $129,404,908 in 2021-22 or an increase of 3.6%.

The adopted 2021-2022 Town budget totals $129,404,908. This compares to $125,716,341 in 2020-21 or an increase of 2.85%.

For more information, please call 860-665-8520.

For current and historic Mill rates, please refer to Historical Grand Lists and Mill Rates (PDF)  

For more information, please call 860-665-8520.

The Town actually carries two credit ratings: one from Moody’s Investors Service is Aa2 and the other from Standard and Poor’s which is AA+. The Town's credit rating was upgraded in 2010 by Moody's Investor Services during a global re-calibration of ratings. The Town's credit rating was last upgraded in 2014 by Standard and Poor's Ratings Services based on the implementation of its local General Obligation criteria. The ratings were last reviewed in February 2023. For more information, please call 860-665-8520.

As of June 30, 2024, the Town will have $28,435,000 in bonds outstanding. The Town issued $9 million of bonds in May 2019 and $15 million of bonds in May 2020 for the Town Hall/Community Center. Its last bond sale was in May 2023, in the amount of $10 million to fund the renovate as new project at the Anna Reynolds School.  

The Town made principal payments during the 2023-24 fiscal year totaling $2,335 million. The Town had bonds authorized but unissued in the amount of $9.4 million as of June 30, 2024.

For more information, please call 860-665-8520.

The Town will pay out $2,222,932 of which $1.865 million is for principal and $357,932 for interest in 2021-22. 

The Town will pay out $2,528,070 of which $1.850 million is for principal and $678,070 for interest in 2022-23.

The Town will pay out $3,433,000 of which $2.335 million is for principal and $1,098 million for interest in 2023-24.

The Town will pay out $2,519,005 of which $1.885 million is for principal and $634,005 for interest in 2024-25.

For more information, please call 860-665-8520.

In 2021-22, the Town will pay $4.758 million for these services. 

In 2022-23, the Town will pay $4.886 million for these services.

In 2023-24, the Town will pay $4.869 million for these services.

In 2024-25, the Town will pay $4.861 million for these services.

For more information, please call 860-665-8520.

In 2024-25, the Town is expected to receive about $25.2 million or approximately 17.6% of its operating budget from the State of Connecticut. Of this amount $3.8 million is for payment in lieu of taxes for exempt facilities in the Town. The largest grant is from the Educational Cost Sharing (ECS) grant which totals $16.7 million.

For more information, please call 860-665-8520.

The Education budget is $74.8 million and comprises 60% of the Town budget for the 2019-20 fiscal year.

The Education budget is $76.8 million and comprises 61% of the Town budget for the 2020-21 fiscal year.

The Education budget is $76.8 million and comprises 59.3% of the Town budget for the 2021-22 fiscal year.

The Education budget is $78.7 million and comprises 58.6% of the Town budget for the 2022-23 fiscal year.

The Education budget is $82.2 million and comprises 59.8% of the Town budget for the 2023-24 fiscal year.

The Education budget is $87.1 million and comprises 60.7% of the Town budget for the 2024-25 fiscal year.

For more information, please call 860-665-8520.

The Town audits for the periods ending June 30th, 2024 & several previous years are available online.

Each year, the Town audit report for the period ending June 30th will be available after December 31st.

For more information, please call 860-665-8520.