Kent BOF spending plan
KENT — The Kent Board of Finance unanimously approved a total town budget for 2020-21 of $13,535,103 at a special meeting Tuesday, May 19.
The total includes town government, Kent Center School and the town’s share of the Region One budget.
The mill rate remains unchanged at 18.61.
The mill rate determines property taxes in Connecticut towns. A mill represents $1 in tax for every $1,000 of assessed property value. A 15-mill tax rate would translate into a tax bill of $1,500 for the owner of a home assessed at $100,000.
The grand list is the total assessed value of all taxable property in a town.
Properties are assessed at 70 percent of their total value.
An executive order from Gov. Ned Lamont gives the state’s municipalities the authority to pass budgets this year without the usual public hearing and town meeting.
Kent residents were able to look at the budget plans online and to submit questions, which were discussed by the board at length before their vote.