Peek into inside workings of the Budget Committee of the Board of Estimate and Taxation (BET) in this video. In addition to the tense partisan discussion, you will see the difference between the Republican and the Democrat goals for the June 2025 mill rate. At the 11 minute mark, you will hear that Republicans want budget discussions to result in an increase of 3.95% in the mill rate and the Democrats think we need a higher 5.45% increase.
Between the lines: Question: with the grand list valuations rising, why do they need any increase at all? See this helpful dialogue and chart.