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Ridgefield's Board Of Finance Settles On $139M Total Budget

Ridgefield First Selectman Rudy Marconi
Ridgefield First Selectman Rudy Marconi Photo Credit: Contributed

RIDGEFIELD, Conn. -- Ridgefield's Board of Finance settles on a $139,013,087 total budget for the town and schools for 2016-17, which represents a 3 percent increase in spending over this year, according to The Ridgefield Press.

With that, the Finance Board got next year's proposed tax increase down to 2.6 percent, according to The Ridgefield Press.

The Finance Board made a $625,000 cut to the Board of Education’s request and a $40,000 reduction to the selectmen’s budget for town departments, The Ridgefield Press said. The board added in $1.95 million from the town’s $13 million surplus fund to balance the budget, the Press said.

First Selectman Rudy Marconi thanked the board, the Press said. The budget will now go to Ridgefield's voters for approval.

To read The Ridgefield Press article, click here.

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