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Mayor Mark Lauretti has proposed a budget increase of 1.7% for upcoming fiscal year 2015-16, with no tax increase. The new municipal budget would be $120.69 million.
“By now you know my position — hold the line on taxes, look for creative ways to save money, and build the future based on those savings and attracting new private firms willing to invest in Shelton, thereby growing our grand list,” Lauretti said in his budget presentation on Monday night at City Hall.