GREENWOOD – Town Manager Carol Whitman said Tuesday that her initial budget showed the town needs to raise $1.55 million in taxes for the next fiscal year.

Last year the total taxes were $1.49 million.

“I put the budget together and as it stands, an 84 cent increase per $1,000 will be needed,” Whitman said. “That will bring the tax rate up to 17.59 mills.”

She said the total municipal budget would be $856,000. The school tax is estimated at $611,000 and the county tax estimated at $53,500. Money carried over from the previous year is estimated at $30,000.

In other business, the three-man road crew received raises. The foreman received $1 per hour; one worker received $1.03 per hour and the other worker, the newest of the three, was given a 79-cent per hour raise.

The raises have to be approved at town meeting on March 27. “They are good workers and we want to keep them around,” Whitman said. “All three received 2 percent raises last year.”

Including overtime, the budget for road crew wages was $91,701.

Whitman also reported that the town received a dividend for $1,278 from the Maine Municipal Association Unemployment Compensation Fund.