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New Florence town budget increases by almost 40%

The 2021-22 budget for the town of Florence has grown significantly during the past year.

The budget, inclusive of all funds and expenditures, is $65.8 million. The town’s budget for the 2020-21 fiscal year was $47.1 million. That’s a 39.8% increase overall.

“Most of this increase is explained by increased grant funding and Water Infrastructure Finance Authority projects,” said Benjamin Bitter, the town’s Intergovernmental and Communications Manager. “Operational increases were minimal, at only 4.5% compared to last year.”

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