Manchester Town Manager's 2024-25 Budget Proposal: The Highlights
MANCHESTER, CT — Manchester residents and taxpayers next week will get an up-close look at the town manager’s $243.5 million proposed budget for the 2024-25 fiscal year.
A public hearing for the budget presentation is slated for March 12 at 7 p.m. at the Lincoln Center.
“This spending plan continues Manchester’s proud tradition of being financially sound while providing the necessary resources for important programs and services for our great residents,” Manchester Town Manager Steve Stephanou said. “As Manchester continues to grow, the goal of this 2025 budget recommendation is balancing the needs of the community, expectations of Manchester residents, and the obligation to develop a financing plan that is fiscally responsible. It builds on prior year’s investments in our town’s provision of basic city services and public education, while ensuring the on-going support for the community’s most vulnerable populations.”
Find out what's happening in Manchesterwith free, real-time updates from Patch.
Here are some highlights:
Debt service increases by $1.9 million in the proposal. The number reflects the first major installment of funding for construction of a new library as well as recurring public infrastructure and roadway investments.
Find out what's happening in Manchesterwith free, real-time updates from Patch.
Retiree health and pension costs increase by $1.4 million in accordance with actuarial valuation of those benefits programs.
Get more local news delivered straight to your inbox. Sign up for free Patch newsletters and alerts.
Click Here: Nigeria soccer tracksuit
Leave A Comment