Board of Finance 05/18/2026

The Town of Southington Board of Finance held a special meeting on May 18, 2026, primarily to set the mill rate and discuss budgetary matters related to the town's grand list and tax assessments following a post-COVID property revaluation. The board approved a new mill rate of 23.29, reflecting a 3.91% tax increase, after considering appeals and adjustments to the grand list. They also reviewed and approved audit proposals, ultimately deciding to continue with the current auditing firm, CLA, for fiscal year 2026. Additionally, the board received an update on the town's self-insurance program, including a stop-loss insurance RFP process, and decided to maintain the current stop-loss provider, Anthem, due to favorable terms and minimal disruption. Several budget transfers were approved, including reallocations within the fire and police departments to cover overtime and legal fees. The meeting concluded with discussions on financial controls and departmental budget management, emphasizing prudent fiscal oversight.