Category: Budgets & Taxes

Primary Election Features School Budget Referendum

By Kendra Williams Voters who go to the polls on June 11 to decide on parties’ candidates for next November’s election will also see a referendum on the school budget for 2024-25. The City Council recently approved a combined city and school budget that represents a 6.8% increase over the current budget, raising the mill rate – what property owners pay for each $1,000 of assessed value – from $15.14 to $16.17. It is possible that the rate could decrease…

Council Approves Budgets for 2024/25 Tax Rate up $1.03

Sanford Fire Chief Scott Susi (at podium) answers questions from the City Council. Source: WSSR-TV By Zendelle Bouchard At its regular meeting on April 2, the City Council approved the combined municipal and school budget for the fiscal year 2024/25, which begins July 1. That is the last word on the municipal side of the budget; the school budget must be validated by voters on June 11. The net to be raised by taxation is $39,142,006, an increase of 8.34%…

Municipal Budget Update

Police Chief Craig Andersen (at podium) addresses the Council. By Zendelle Bouchard The City Council continues to work on the budget for fiscal year 2024/25. On March 26, 2024, they met again to discuss possible further cuts and adjustments to a budget which will likely result in the largest property tax increase in more than ten years. Sanford Police Department Chief Craig Andersen told the Council he currently has two vacant police officer positions and offered to use the salary…

School Budget Update: Alt Ed Program Stays

By Zendelle Bouchard Superintendent of Schools Matt Nelson appeared before the City Council at a special budget meeting on March 26, 2024 to present the latest version of the school budget for fiscal year 2024/25. He was happy to report that the Harvard Health Plan administrators have agreed to a 14% increase in the cost of health insurance. School Department officials were originally expecting a 17.5% increase in this plan, which covers most school employees. A three-tiered proposal for budget…

Council OKs Budget Adjustments: PAYT Bags to Increase to $16

City Manager Steve Buck (at podium) details his recommended budget amendments. Source: WSSR-TV By Zendelle Bouchard City Manager Steve Buck presented his recommended municipal budget for fiscal year 2024/25 to the City Council on March 19, 2024, after which Council members debated and approved several adjustments. One adjustment to the revenue side of the budget would increase the price of the orange Pay-As-You-Throw trash bags from $14.50 to $16 per package. Deputy Mayor Maura Herlihy noted that other area communities…

Don't Miss The Latest In Budgets & Taxes