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05/01/2018 12:00 AMDeep River unveiled its proposed 2018-’19 budget days in advance of its May 1 public hearing (after press time). The $16,993,355 plan would raise spending $195,742 or 1.17 percent over the current $16,797,613 budget.
Of that total, Deep River’s share of the proposed Region 4 budget (which went to referendum on May 2) is $6,683,578, an increase of $102,676 or 1.56 percent over the current $6,580,902.
The Deep River Elementary School budget asks for $5,195,793, a decrease of $181,630 or 3.38 percent from the current $5,377,423.
Driven by an anticipated decrease in state funding of more than $90,000 and more than $200,000 going to bolster the town’s General Fund, the budget if adopted would result in the town seeking $14,955,404 in local taxes, and increase of $496,654 or 3.43 percent.
The Courier will report on the public hearing in next week’s issue.
The Annual Town Meeting of the Town of Deep River will be held Monday, May 21 at 7:30 p.m. in the Deep River Town Hall Auditorium. For more information, visit deepriverct.us.