RSU 1 budget meeting moved to April 29
BATH — A public hearing on next year's Regional School Unit 1 budget will be held at the Fisher-Mitchell elementary school on Monday, April 29.
The meeting, previously scheduled for April 22, will start at 6 p.m. at the 597 High St. school. The spending plan later goes to two public votes: a district budget meeting on May 28, and a budget validation referendum on June 4.
The total projected budget of $27.7 million for fiscal 2014 could increase 6.6 percent from this year. After offsetting revenues are subtracted, the remaining $18.56 million, an increase of 7.09 percent, must be raised through taxes.
Under a new cost-sharing formula that will assess the RSU 1 communities on a per-pupil basis, Bath, West Bath and Woolwich could see significant school tax increases: 6.2 percent in Bath, to $9.1 million; 24 percent in West Bath, to 2.7 million, and 16.4 percent in Woolwich, to $3.6 million.
Arrowsic could see a tax reduction of 2.7 percent, to about $480,000, and Phippsburg school taxes could decrease 10.6 percent, to $2.7 million.