BATH — The proposed fiscal 2013 municipal budget could increase about $633,000 to nearly $14.1 million, Finance Director Juli Millett said Tuesday.
A public hearing on the budget will be held at the City Hall auditorium at 5 p.m., Wednesday, May 23. The City Council is expected to vote on the budget June 6.
Taxes on the municipal side could increase nearly 2 percent, or about $323,000, to reach $7.1 million. The increase would add about 34 cents to the tax rate, raising it to $17.54 per $1,000 of property tax valuation.
Including potential increases to the tax rate from school and county costs – 2.67 percent and 0.52 percent, respectively – Bath could see a total tax hike of 5.16 percent.
Millett attributed Bath’s municipal tax increase to rising costs of health insurance and fuel, a $45,000 state decrease in municipal revenue sharing, and a 3.4 percent increase in salaries for union and non-union municipal employees that had been deferred last year.
The proposed budget does not include any major cuts in services or programs, Millett said.