OLD LYME — The Old Lyme Board of Finance (BOF) will host an Annual Budget Meeting this evening at 7:30 p.m. The meeting will be held virtually and followed immediately by an Old Lyme BOF Meeting at which the mill rate for the coming financial year 2020-21 will be set.
Members of the public may attend both meetings by using WebEx with the following link: https://oldlymect.webex.com/oldlymect/j.php?MTID=m45ab07d640b28b8c0596637aca51886b. Alternatively, dial 1-408-418-9388 and enter access code: 714 301 883. Residents are encouraged to join the meeting five minutes before it is due to start to ensure you can gain a connection.
View the proposed budget at this link. Members of the public can submit comments on the budget in advance of the meeting to: [email protected].
In light of the closure of Town Hall due to the COVID-19 pandemic, and pursuant to Governor Lamont’s Executive Orders 7I, 7S and 7CC, the public, and electors and citizens eligible to vote in Town meeting may listen to the meeting by using either access method listed above.
This year, however, the board of finance will vote to approve the draft budget. Members of the public will be given the opportunity to comment at the meeting via the Chat window on the WebEx link or on the phone — but not vote — on it. Traditionally, a Town Meeting has been held at which a public vote is taken to approve the budget. This is not happening this year because Governor Lamont obviated the need for in-person voting due to COVID-19 via Executive Order 7-I.
Assuming the budget is approved by the board of finance, it will become the Town of Old Lyme’s approved budget for FY 2020-2021.
After the budget has been approved, the board of finance will consider and vote on setting the mill rate for the 2020-21 fiscal year and details of the tax payment schedule.