Old Lyme to Hold Annual Budget Meeting Tonight

The Old Lyme Board of Selectmen has announced that the Town’s Annual Budget meeting will be held next Monday, May 16, at 7:30 p.m. in the Lyme-Old Lyme Middle School auditorium.

The agenda includes the following items, on each of which a hand or voice vote will likely be held:

  1. To adopt the Budget for the fiscal year July 1, 2016 through June 30, 2017, as recommended by the Board of Finance.
  2. To adopt a proposal that taxes in the Town of Old Lyme on Real Estate and Personal Property shall be paid in two (2) semi-annual installments, the first payment being due on July 1, 2016 and the second payment on January 1, 2017.  Any tax in these categories under $100.00 will be due in full in one payment in July, 2016, as are vehicles on the Supplemental List due in January, 2017 in one payment.
  3. To approve the acceptance by the Town of private monetary donations designated by the donors for the Boathouse Project and to approve the expenditure of such donations for said project in addition to the project funds approved by prior Town Meetings.

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