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TOWN BUDGET NOTES

• The Municipal Budget for fiscal 2016 as proposed is $13,245,932 reflecting a 5.3 percent increase.

• In reviewing the proposed budget, Chairman Degen said he was concerned with the predicted budget rise in Haddad's five-year forecasts, going from $31M in 2016 to $37.7M by 2021. "This 20% increase in only five years would price some people out of town," he cautioned.

• Negotiations with all Groton unions, whose contracts were set to expire at the end of FY2015, resulted in a 2 percent wage adjustment and the impact of this, including 2 percent increase for bylaw employees will cost $169,527, along with an additional $38,033 for performance incentives for a total cost of $209,960.

• The Town of Groton budget for FY2016 is online at townofgroton.org  

Groton Herald

Mailing Address
P.O. Box 610, Groton, Massachusetts 01450
 

Office
145 Main Street, Groton, Massachusetts 014510
[Prescott Community Center]
 

Telephone: 978-448-6061
 

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