
A referendum on East Granby's proposed 2013-2014 budget will take place from 6 a.m. to 8 p.m. on May 7, First Selectman James Hayden said. It will be held at the Senior & Community Center.
Earlier this month, selectmen decided to hold a referendum vote but the hours were not set until Tuesday night's town budget meeting.
The proposal totals $20,093,553, an increase of 6.6 percent. It's comprised of:
- $4,344,540 for General Government, an increase of 3 percent
- $14,721,000 for the Board of Education, an increase of 4.85 percent
- $578,013 for Debt Service, an increase of 232 percent
- $450,000 for the Capital Reserve Fund, a 8.3-percent increase.
The Debt Service increase represents the first full year of interest and principal payments on the renovation of Allgrove School and the renovation and expansion of Seymour School.
The Capital Reserve Fund is an amount set aside to cover major, non-recurring purchases such as vehicles, road repair and technology etc. Before any money is spent from the Capital Reserve Fund, it must be approved at a town meeting called for that purpose.
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