Stonington – The Finance Council will hold a public hearing on the proposed $77.3 million budget for 2022-23 and its $0.19 million tax rate increase Tuesday at 7 p.m. at Stonington High School.

The council will then meet after the hearing to discuss and make changes to the budget before putting it to a referendum vote this spring.

The proposed budget of $77.3 million provides for an increase of $4.2 million or 5.75%. This would have increased the tax rate by about 0.5 million. But the finance board used $1 million of the city’s $18.1 million unrestricted fund balance to partially offset tax rate increases. This resulted in a tax rate that would now drop from the current 23.85 mills to 24.04 mills.

The proposed budget of $33.1 million for government and debt requests an increase of $1.1 million or 3.6%, while the proposed budget of $38.9 million for schools requests an increase of $1.1 million or 3.6%. increase of $648,951 or 1.69%. The proposed capital improvement budget of $5.1 million contains the largest increase at $2.3 million or 86.1%.

Major capital expenditures proposed include $900,000 to pave roads, $900,000 for air conditioning upgrades at Stonington Middle School, $207,000 for new sidewalks, $470,000 for service equipment highways, $400,000 for heating, air conditioning and ventilation upgrades at City Hall and the Social Services building. , $92,252 to rebuild the high school’s tennis courts, $185,000 to purchase four new police cars, $373,000 for school system computers, and $250,000 to repair the high school’s roof.