North Yarmouth forecasts 1.66% town budget bump

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NORTH YARMOUTH — The proposed fiscal year 2019 municipal budget, which goes to Town Meeting for a vote April 28, is currently due to increase 1.66 percent to $2.6 million, or just less than $43,000, over this year.

That number includes a nearly $337,000 assessment from Cumberland County, up about 3 percent, but does not take into account the town’s payment to School Administrative District 51.

The SAD 51 budget is due to be presented Monday, March 19, during a 7 p.m. meeting at Greely High School.

Not including that levy, the town budget would add 55 cents to North Yarmouth’s current tax rate of $16.27 per $1,000 of property valuation. A $300,000 home taxed this year at $4,881 would be charged $5,046, an increase of $165.

Town Manager Rosemary Roy said Monday that the budget as proposed does not include money drawn from the undesignated fund balance to offset taxes. The town used $200,000 in fiscal 2018 for that purpose.

North Yarmouth’s public works line item shows a $244,000 decrease, down to nearly $448,000, due largely to about $175,000 in road maintenance expenses being moved to the capital reserves category. Capital reserves are due to increase to nearly $444,000, a nearly $211,000 hike.

Municipal administration is projected to increase about $58,000 to approximately $497,000, due to cost-of-living increases and a roughly $24,000 North Yarmouth Memorial School caretaker position being moved into that category from public works.

The current tax rate, which was projected to be $18.24 per $1,000 of valuation in early 2017, ended up at $16.27 – down from the $17.62 the town levied in 2017. The drop was due to a nearly $50 million increase in town value, which offset tax impacts, Roy said last September.

Alex Lear can be reached at 781-3661 ext. 113 or Follow him on Twitter: @learics.

A Maine native and Colby College graduate, Alex has been covering coastal communities since 2001, and currently handles Bath, Topsham, Cumberland, and North Yarmouth. He and his wife, Lauren, live in the Portland area, and Alex recently released his third album of original music.