Town Budget

Municipal finance & property taxes.

FY 2026–2027 budget summary for Westport — mill rate, revenue and expenditure mix, and the property tax calendar from the official taxpayer guide.

Total budget

$266,062,614

Mill rate

13.20

-30.01% vs 18.86 prior year

Schools share

63.45%

$168,818,947

Fund balance

12.1%

Conservative reserve (Aaa rating)

Summary

Total approved budget of $266.1M; schools receive 63.45% ($168.8M).
Mill rate set at 13.20 — down 30.01% from the prior year (18.86), largely reflecting the 2025 revaluation.
School spending up $11.2M (7.09%); general town spending up $1.7M (1.96%).
Grand List up ~50% from revaluation: residential +60%, commercial +16%; modest gains in personal property (+1%) and motor vehicles (+6%).
$11.85M drawn from Fund Balance Reserve; fund balance remains at a conservative 12.1% (Aaa bond rating).
Without estimated state assistance ($2.27M), mill rate would be approximately 13.30.

State assistance estimated at $2,272,518. Source: Town of Westport Taxpayer's Guide (FY 2026/2027).

Budget allocation

Revenues

Expenditures

Revenues

FY 2026–2027 · Westport

#	Category	Amount	Share
1	Taxes (current & prior years)	$229,300,149	86.18%
2	Education revenue	$1,337,740	0.50%
3	Recreation revenue	$7,786,755	2.93%
4	Other sources	$15,787,970	5.93%
5	Fund balance draw down	$11,850,000	4.45%
Total		$266,062,614	100.00%

Expenditures

FY 2026–2027 · Westport

#	Category	Amount	Share
1	General government	$8,531,484	3.21%
2	Public safety	$28,567,135	10.74%
3	Public works	$14,614,891	5.49%
4	Health	$624,653	0.23%
5	Human services	$1,808,290	0.68%
6	Education	$168,818,947	63.45%
7	Library	$6,515,349	2.45%
8	Parks & recreation	$9,811,907	3.69%
9	Pension, OPEB, insurance & misc.	$21,123,160	7.94%
10	Debt service	$4,278,633	1.61%
11	Other financial uses	$1,368,165	0.51%
Total		$266,062,614	100.00%

Tax calendar

Property tax due dates · Westport

Month	Date	Milestone
Jul	1	First installment — real estate, personal property, motor vehicle, sewer/use.
Aug	31	Last day to pay first installment without penalty.
Oct	1	Second installment due; Grand List (assessment) date.
Nov	2	Last day to pay second installment without penalty.
Dec	—	Supplemental motor vehicle tax bills mailed.
Jan	1	Third installment; supplemental motor vehicle due in full.
Feb	1	Last day for Jan. 1 installment without penalty.
Apr	1	Fourth installment — real estate, personal property, sewer/use.
May	—	Real estate tax lien notices and sewer use/assessment sent.
May	3	Last day for Apr. 1 installment without penalty.