WILTON – The annual town meeting will begin at 6:30 p.m. Monday, June 18, in the Academy Hill School gymnasium.

Within the 62-article warrant, residents will be asked to adopt a municipal budget of $2,630,224 for 2007-08. The amount is $92,702 more than this fiscal year. One article asks voters to increase the property tax limit of $1,059,463 set for Wilton by state law to cover the budget approved through the warrant.

“Last year, the town chose to set their own limits and not leave it up to the state,” Town Manager Peter Nielsen said. “Without increasing the state-imposed municipal spending limit, significant reductions will have to be found and services curtailed.”

The last several years, he said, the town has chosen to take $300,000 from surplus to offset what was raised in property taxes and also chose to pay, out of the surplus account, for a property revaluation, $167,000, and to use $182,000 for the new firetruck.

This year, the town does not have the $300,000 to use for the budget so money to be raised from taxes is $1,498,424, compared to $1,139,105 last year.

Major expenditures to come before voters at the meeting include road improvements at a cost of $143,620 and a new bucket loader for $110,000.

New positions in the Police Department will also go before voters. The department is seeking to hire a lieutenant for $35,360 and to share the cost of a fire/police administrative assistant for $10,400.

Other issues to be addressed Monday include:

• giving selectmen authority to sell or make suitable use of the property at 24 School St.

• raising $25,000 for a fish screen account.

• raising and appropriating up to $6,250 as a matching amount with SAD 9 to replace lights at Academy Hill Gym.

• amending to the town’s zoning ordinance.