COVID-19 Budget Process

Budget Process
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COVID-19 Budget Process for 2020-2021

Governor Lamont has issued multiple executive orders to facilitate lessening the spread of COVID-19.  Many of these affects how we do business in the state in ways we would have never thought of, just 3 months ago. 

One of the most significant is E. O. 7I Section 13 which requires the Board of Selectmen to authorize the budgeting authority to adopt a budget and set a mill rate for the coming year. For Goshen the budgeting authority is our Board of Finance.  As a result of that order, the Board of Finance has tentatively approved a budget pending public input.  That process started with a budget hearing Wednesday May 13th evening, much like past years, except it was done via Zoom on-line meetings. Town’s people will also have the opportunity to review the budget which is on the home page of our web site, and comment in writing by emailing to boardoffinance@goshenct.gov or by mail at 42A North Street, Goshen CT 06756.  Comments will need to be received until Wednesday the 20th at noon.  The Board of Finance will have a meeting via zoom at 7:30 on the 20th to consider public comment and to make any adjustments in the budget as a result of those comments.  Then on the 27th they will meet again, via zoom, to adopt the budget and set a mill rate.

This year, because of the economic conditions, the Board of Finance is committed to keeping the current 19.6 mill rate. This is a bit of a tall order given our Region 6 assessment will be going up by $305,125.  After discussion and input from the Board of Selectmen, it has been decided that the best way to keep the current mill rate would be to not adopt a capital spending plan for next year, a savings of $801,160.

This will allow the savings to stay in our unassigned fund balance with the potential of adopting a capital budget at a later date when town’s people can vote on the appropriation.

So, if you haven’t already, please review the 2020-2021 budget proposal and let the Board of Finance know what you think.

Stay Safe,

Bob

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