Milford changes tax allocation

An ordinance changing the way that the City of Milford allocates its tax dollars passed unanimously at the April 6 Milford City Council meeting. Law Director Michael Minnear read the proposed ordinance and the council voted to increase the amount given to the General Fund.

Effective April 1, the percentage of tax revenues for the General Fund will increase from 80 to 92.4 percent.

Funds allocated to the Capital Improvement Reserve Fund will fall from 15 percent to 5.5 percent while tax spending for Parks and Recreation will decrease from 5 percent to 2.1 percent.