Town/Govt

As Granby considers capital projects

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For many of the capital projects under consideration, it is not a matter of doing it or not doing it, but rather of planning it out and spreading the long-term cost by bonding, versus paying cash for work done on an emergency or ASAP basis. Such are the complications that arise from waiting too long to “save money.” Far better to plan ahead to determine the needs but also the priorities, and tackle capital needs and its costs to taxpayers on a well thought out schedule.

Town/Govt

Putting what we have to work

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One of the oft-heard concerns throughout the budget process relates to the desire of many for the boards to work diligently and collaboratively to flatten out the rate of increase in the budget and, more importantly, the mill-rate change year to year. A key consideration in how the Granby Board of Finance looks at budgeting and the fiscal affairs of the town IS that stability in working towards a modest slope in the rate of increase in both.

Town/Govt

The budget—managing the beast

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Board of finance members often hear, “why does the mill rate seem to always go up while in most years rates don’t change for federal and state income taxes? From the revenue perspective, this reflects that the income base to which state and federal tax rates apply generally increases annually as income levels and taxable population steadily rise.

Town/Govt

Taking care of what we have

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Like any household or business, the Town of Granby has its share of physical assets to protect and maintain. Whether it’s buildings at the Town Hall complex, plow trucks, schools or Salmon Brook Park, there are millions of dollars’ worth of physical plant, rolling stock and infrastructure that we as a town have the responsibility and obligation to manage and maintain.