On Monday, June 20th, 2016, Town Council approved a $1.8M operating budget. Town Council was able to keep the tax rates at $1.65 for Residential and $3.15 for Commercial. Below is a PDF copy of the approved budget.
Council also approved a $1.5M capital budget which includes contributions from the Town in the amount $465K that is contingent on grant funding. The most significant capital items include the waterfront development project, upgrades to sewer lines, sidewalk repairs, and repaving sections of St. George Street. If grant funding is not obtained then the projects will be re-evaluated.