In New Milford, residents are facing a proposed $120 million budget for the upcoming fiscal year. The plan includes increases in health-care and pension funding, contractual obligations, and funding for the town ambulance. The proposed combined town and education budgets would result in a 2.93% increase in the town’s tax rate. Residents will have the chance to discuss the budget at a public hearing, with potential changes to be deliberated on April 9th.