August 20, 2018

Essex Announces Mill Rate Reduction for Fiscal Year 2018-2019

Essex First Selectman Norman Needleman. (File photo)

ESSEX – First Selectman Norman Needleman has announced that Essex taxpayers will notice a reduction in the tax bills they receive in June.  With the unanimous approval of the proposed town budget at Town meeting on Monday, May 14, the Essex Board of Finance took up the task of setting the mill rate.  First Selectman Needleman carried a message from the Board of Selectmen recommending the board of finance consider a mill rate reduction.

Several favorable factors enabled the board of finance to consider the mill rate reduction.  These include the growth in the Town’s grand list, the passage of the State budget, a reduction of the Town’s cost share of Region 4 education budget, as well as a reduction at Essex Elementary School, and the Town’s strong fund balance position.  The board of finance voted to reduce the mill rate from the current rate of 21.96 mills for fiscal year 2017-2018 to 21.85 mills for fiscal year 2018-2019.  This represents a reduction of 0.11 mills or -0.5 percent.

“This is a responsible budget and one that I am very proud of. Essex is a vibrant and welcoming community and I am pleased we were able to lower the mill rate while maintaining the exceptional level of Town services that our residents expect and deserve,” said Needleman.

Copies of approved budgets are available on the Finance Department page of the town website at this link.

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