Budget numbers continue to shift in tough year

CORNWALL — Property owners in town are invited to weigh in on the proposed 2010-11 budgets at a public hearing set for Friday, April 23, at Cornwall Consolidated School. But town officials are advising voters not to look for a hard-and-fast bottom line at the hearing.

At this point in the budget season, the big picture is pretty much in focus. The selectmen and school board have presented plans. The finance board has reviewed them and given input. But this year the myriad of pieces that make up town finances are not fitting neatly into an easy-to-read whole.

What might puzzle voters the most is that, even though the spending will not increase in the coming year, there is still likely to be a tax increase.

Despite efforts not only to minimize spending but even to make sacrifices, the town’s share of the regional school budget is poised to take a moderate jump. Impacting every budget across the region will be an increase in health-insurance premiums. The regional consortium is still looking at bids. Just how much each town and school will be affected depends on what plans are offered, or accepted under various contracts.

Town finances are broken into three essential components: a budget of projected expenses; revenue sources such as interest income and state aid; and taxes, which are the part that is adjusted  in the end, to make up the difference between expenses and revenue.

State aid this year is one of the big question marks; the state still has not completed a budget that is anywhere near balanced, and no concrete plans have been made yet for aid and grants from the state to the towns.

The Board of Finance plans to take a hard look at projected revenues at its regular meeting the night before the hearing (April 22). Finance Officer Barbara Herbst said numbers she was looking at this week could change dramatically by then, as they have been doing since the budget process started this year.

First Selectman Gordon Ridgway said he expects to see a “modest� tax increase, even after his board and the school have made more downward adjustments to their plans.

The finance board will meet again on May 20, when a final proposal of the combined plans will be approved and sent to a vote at a town meeting on May 21. The board will convene after the town meeting to set a new mill rate.

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