The City Council is set to hold a meeting to consider approving the city budget proposed by Mayor Erin Stewart (R).
Stewart has proposed a $265,849,055 city budget that would increase property taxes by 12.58% for the fiscal year that begins July 1st, with a 5.92% spending increase over current year expenditures. The proposal would provide for a 1.4% increase in city funding operating funding for New Britain’s schools.
The meeting to consider approving Stewart’s budget is to be June 7, 2023 at 6:30pm in the Council Chambers on the second floor of City Hall.
The budget under consideration is for the fiscal year that starts on July 1, 2023 and ends on June 30, 2024. The budget sets the rate of taxes paid by taxpayers in July of this year and January of 2024.
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