June 19, 2019

Public Hearing Tuesday 26 April on Chester Town Government and Elementary School Budgets

CHESTER— The public hearing is set for Tuesday 26 April on a proposed $3.66 million town government budget for 2011-2012 and a proposed $4.16 million appropriation for Chester Elementary School. The annual budget hearing convenes at 7:30 p.m. ¬†at the Chester Meeting House on Liberty St.

The town government budget totals $3,323,718, which is combined with a $345,000 capital expenditures and projects plan for a total town government budget of $3,668,783. The town government budget, including the capital expenditure fund, is down by $27,000 from the current appropriation.

The budget for Chester Elementary School totals $4,164,069, a slight decrease of $2,824 from current funding for the school. The Chester Board of Education eliminated one full-time teacher position and a teacher’s aide position due to a drop in student enrollment at the K-6th grade school.

The town government and elementary school appropriations are combined with the town’s $4,723,066 share of the Region 4 education budget for a total spending plan of $12,555,863 for 2011-2012.

The board of finance has decided to transfer $145,766 from the town’s undesignated fund balance to avoid the need for an increase in the tax rate. The transfer is expected to leave about $1.31 million in the fund balance in June 2012. The current tax rate is 22.11 mills, or $22.11 in tax for each $1,000 of assessed property value.

The board of finance will consider any possible revisions to the spending plan based on input from residents at the hearing. The town government and elementary school budgets go to the voters for approval at the annual budget meeting in May. The Region 4 education budget goes to the voters of Chester, Deep River, and Essex for approval in an eight-hour referendum on May 3.

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