This year’s biggest budget challenges aren’t likely to be the Board of Education’s requested increase of 1.35% nor the Board of Selectmen’s of 0.92%. With those amounts, we might have been able to muscle through the impact of the grand list decline, but unfortunately this is also the year that we will see new challenges as the governor and the legislature develop the state’s budget.
The revalued grand list will be released next week. As with any revaluation, some residents will find their taxes going up, others down and some relatively flat. This year, the swings are likely to be wide with homes valued over $1 million and those in North Wilton generally falling and those under $800,000 and those in South Wilton generally up. Whenever the impact is disproportional, there are some who will be hit particularly hard.