Budget Committee reviews $543.5 million spending proposal, 6 percent mill rate increase
Board of Estimate & Taxation Budget Committee · Meeting of February 19, 2026
CT GREENWICH — Budget Committee hears $543.5 million spending plan with 6 percent mill rate increase. The BET Budget Committee conducted the fourth day of departmental budget hearings on a $543.5 million proposed FY2027 operating budget, a 4.33 percent increase with a 6.01 percent mill rate increase submitted by the First Selectman. The 2025 grand list revaluation increased property valuations approximately 26 percent to $46.2 billion, with residential properties jumping 28.5 percent.
The Police Department reported operating 14 officers below its authorized strength of 152. Fixed Charges increased by $9.18 million, driven primarily by healthcare cost increases.
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Source: the Board of Estimate & Taxation Budget Committee meeting of February 19, 2026, reported from the official video recording and transcript.
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