The Milan Town Board passed the final budget for 2011.

The decline in anticipated revenues combined with rising mandated costs has resulted in an increase in Milan's tax rate by 7.8%.

• Estimated revenues declined by $17,026.60 from the 2010 to 2011 budgets
• Expenditures increased by $10,308.00 in the same period.
• The Fund Balance applied to help offset taxes remains the same at $110,000.
• The assessed value of the town declined by $20,447,738.00 from 2010 to 2011
• The difference in in tax rate from 2010 to 2011 increased by $57,186.
• The tax rate for the highway and general funds will be $2.21 per $1000 of home value.

Click on this link to download a copy of the 2011 Budget for the Town of Milan.