Vernon voters approve budget with town's first tax increase in six years [Journal Inquirer, Manchester, Conn.]
Apr. 23—VERNON — Despite objections from a handful of residents, including one
The
Ultimately, residents were not swayed by the tax increase, overwhelming supporting the budget by a vote of 57-8, with Town Councilman
The new tax rate will be 35.09 mills for real estate and personal property, representing a 1.7 mill increase from the current rate. Car taxes remain capped at 32.46 mills, as they are limited by state law.
One mill equals
The largest drivers for the tax increase are nearly
"This year, as everybody has seen in their daily life, the cost of everything has gone up," Mayor
Regarding his decision not to support the budget, Motola cited ongoing increases to the cost of food, fuel, and the cost of living in general.
"I just think we're piling on," he said.
Motola said that he understands that "health care costs are killing us," but "I wanted to make a statement about just not approving something that's going to increase the cost for people living in town."
Former Town Councilman
"I feel bad for those who are on fixed incomes," Champagne said, "but what it comes down to is, I think every single person understands the cost of everything has gone up."
Nonetheless, the town continues to make investments, including the additional
There are also infrastructure investments, such as those that will help pay for sports fields, the Citizens Block building, and the
Despite the use of reserves, Vernon will continue to maintain roughly
Former Mayor
"I think self insurance is a liability at this point," she said, adding that perhaps it would be better to increase taxes incrementally with each budget, "rather than sock it to us."
"I think this could have been anticipated," she said of increased costs, particularly in regards to health care.
Ultimately, however, Marmer voted to approve the budget.
___
(c)2024 Journal Inquirer, Manchester, Conn.
Visit Journal Inquirer, Manchester, Conn. at www.journalinquirer.com
Distributed by Tribune Content Agency, LLC.



Legislation could extend paid leave benefits to tribal employees [The Day, New London, Conn.]
Vernon voters approve budget with town's first tax increase in six years [The Middletown Press, Conn.]
Advisor News
- IRS CEO FRANK J. BISIGNANO VISITS OHIO TO TOUT WORKING FAMILIES TAX CUTS PROVISIONS ON NO TAX ON CAR LOAN INTEREST, NO TAX ON OVERTIME, ENHANCED DEDUCTION FOR SENIOR CITIZENS
- The hidden flaw in insurance AI adoption for advisors and carriers
- Rising healthcare costs impact 401(k) accounts
- What advisors think about pooled employer plans, alternative investments
- AI, stablecoins and private market expansion may reshape financial services by 2030
More Advisor NewsAnnuity News
- How annuities can help protect retirees from financial scams
- MetLife Inc. (NYSE: MET) Climbs to New 52-Week High
- The Standard and Pacific Guardian Life Announce Entry into Agreement to Transition Individual Annuities Business
- AuguStar Retirement launches StarStream Variable Annuity
- Prismic Life Announces Completion of Oversubscribed Capital Raise
More Annuity NewsHealth/Employee Benefits News
- Soaring Healthcare Costs Put California School Districts And Teachers At Odds
- Ban on some insurance prior authorizations expected to cut red tape
- Commentary: United States may be best place to build universal healthcare
- Bay Area braces for Trump’s tougher CalFresh rules
- Mom blames Florida Blue, Broward Health dispute for daughter’s $11,500 ER bill
More Health/Employee Benefits NewsLife Insurance News
- Bowie insurance agent indicted on felony theft, fraud charges
- Bowie insurance salesman indicted in connection with fraud, felony theft
- Judge sends Greg Lindberg back to federal prison for fraud, bribery
- Kansas official running for governor received $300K in donations before key decision
- Investigators say C.R. man's life insurance claims for 3 children were fraudulent
More Life Insurance News