Low Turnout in Rainy Weather LYME/OLD LYME--The Region 18 school district’s $39.7 million 2025-26 budget has gone from proposed to official now that voters in Lyme and Old Lyme have approved the spending plan, which is up 7.39% over the current budget. Unofficial numbers show the budget passed by 457 votes to 297, which reflects 60.6% of voters supporting the budget … [Read more...] about Voters Approve 7.39% Budget Increase for Lyme-Old Lyme Schools by Comfortable Margin
budget
After Much Disagreement, Old Lyme Board of Finance Decides to Take $800K From ‘Rainy Day Fund’ to Offset Tax Increase
OLD LYME – With many residents concerned by the recent revaluation that hiked the value of taxable property in town by more than 60%, the Old Lyme Board of Finance on Wednesday evening agreed to use $800,000 from the town’s 'Rainy Day Fund' to help mitigate the impact to taxpayers of a proposed $45.39 million 2025-26 spending plan. The proposed budget – which includes … [Read more...] about After Much Disagreement, Old Lyme Board of Finance Decides to Take $800K From ‘Rainy Day Fund’ to Offset Tax Increase