Town of Montville
Town of Montville
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2006-2007 Town Budget

Below is a summary of the Mill Rate Calculation, Projected Expenditures and Projected Revenues

In addition, multi-year expenditure and revenue summaries can be viewed by clicking on the two boxes below.

Expenditure Summary
FY 2004 - 2007


Revenue Summary
FY 2004-2007

Mill Rate Calculation 2006-2007

Adopted budget

 51,290,586

Less Finance Committee Revenues

 (21,180,750)

 

 30,109,836

Amount to be raised by taxation (adjusted to reflect 98% collection rate)

 30,724,322

Grand List  

1,028,853,850

Mill Rate calculation

29.86

Mill Rate 2005/2006

 29.10

Increase over 2005/2006

 0.76

  

Projected Revenues 2006-2007

Property Taxes/surplus use 

31,278,336

60.98%

Federal & State

  16,391,166

 31.96%

Investments/Assessments

1,019,000

  1.99%

Permits & Charges

1,773,500

3.46%

Misc.

829,084

  1.62%

TOTAL

 51,290,586

  




Projected Expenditures 2006-2007

General Government

13,636,970

26.59%

Education

 33,112,497

64.56%

Debt

3,713,903

7.24%

Capital

 827,216

1.61% 

TOTAL

51,290,586