New Fairfield, Sherman passes budgets
Voters in New Fairfield and Sherman overwhelmingly approved next year’s budgets in referendums held Saturday.
New Fairfield passed the $42.9 million school budget 883 to 468, while the $12.5 town budget passed 915 to 440, according to the town’s Facebook page. The combined $55.5 million operating budget is expected to raise the tax rate by 1.05 percent.
Meanwhile, Sherman’s nearly $14.6 million spending plan sailed to approval. Residents are expected to see a 2.5 percent tax rate cut with that budget.
“People were pretty happy about that,” First Selectman Don Lowe said.
The $9.38 million school budget was approved 212 to 85, while the $5.19 million town budget passed 287 to 20, Lowe said.
“I feel fantastic,” he said. “The town is in good financial shape, and it’s been that way through the years.”
A rise in the grand list, revenue from the lease from the T-Mobile tower, a decrease in debt and about $60,000 in health insurance savings helped keep the tax rate down.
About $10,700 more will go toward the Senior Center, which will help the continuously growing elderly population in town, Lowe said.
“We need to plan accordingly into the future and the budget starts the process for that,” he said.
This story will be updated.