CT's Fiscal Year starts every July 1st. In May 2023, the Town's voters approved a budget, which went into effect as of July 1.
In CT, to raise revenue, towns can only levy property taxes, and are heavily reliant on state aid. Ledyard expects over $14.8M in state funding over the next year.
For more information, check out Section VII of the Town Charter, on the Town's Website: Ledyardct.org. You can also find the approved budget there.
What questions do you have about the town's budget cycle? Email us at email@example.com with questions!