Derby Budget

Proposed Derby Budget Carries 1 Mill Increase

by | May 13, 2010 11:00 pm | Comments (0)

The Derby tax board Thursday adopted a preliminary, $34.9 million budget that carries a tax rate increase of 1 mill.

If approved, the mill rate would increase from 26.4 to 27.4, said Judith A. Szewczyk, chairwoman of the city’s Board of Apportionment and Taxation.

A property assessed at $185,000 now pays about $4,884 in taxes.

If the budget is adopted as is, that same property owner would pay $5,069 next year.

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Derby School Board Sends Budget With 7 Percent Increase

by | Mar 2, 2010 10:52 pm | Comments (0)

The school board voted 6 – 2 Tuesday to adopt Superintendent Stephen Tracy’s recommended budget for 2010 – 2011.

The spending plan totals $18,584,779 — about 7 percent, or $1.2 million, larger than the current budget.

The budget’s next stop will be in front of the city’s Board of Apportionment and Taxation.

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Preliminary Derby School Budget Calls For $1.3 Million Increase

by | Jan 25, 2010 10:35 pm | Comments (0)

As it stands, the proposed 2010 – 2011 Derby school budget totals $18.6 million, a 7.6 percent spending increase over the current budget.

Upon previewing it at Monday’s school board meeting, schools Superintendent Stephen Tracy said school officials must figure out ways to bring it down.

Personally, I think it has to be lower than that. We’ll have to sharpen our pencils between now and Feb. 4,” Tracy said.

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