Flat Funding? Spreading Out the Pain? Norwalk Board Weighs Options Ahead of Budget Vote
The Norwalk Board of Estimate and Taxation during its budget review sessions this month. Keep the budget the same as last year, phase in tax increases, find ...
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The Norwalk Board of Estimate and Taxation during its budget review sessions this month. Keep the budget the same as last year, phase in tax increases, find ...
Norwalk Chief Financial Officer Henry Dachowitz presents his recommended 2021-22 operating budget Monday to the Board of Estimate and Taxation. NORWALK, Conn. — Norwalk’s finance director has recommended a $400 million operating budget for the coming fiscal year, an increase of $15 million from 2020-21. That factors in a proposed $8 million drawdown of the City’s fund balance, or “rainy day fund,” and estimates a 3.67% mill rate increase for the Fourth Taxing District. Chief Financial Officer Henry Dachowitz’ recommendation would increase the Board of Education’s budget by $4.2 ...