LOVELL – Voters at the Saturday, March 6, town meeting will face a budget of more than $500,000, plus several non-money questions.

The meeting will begin with the election of officers at 9 a.m. in the old Town Hall on Route 5.

Head Selectmen Richard Eastman, who is up for re-election, doesn’t know of anyone planning to run against him. Eastman has served on the three-member board for 12 years.

The budget does not reflect any appreciable increase over last year, but represents “a considerable jump” from two years ago, Eastman said.

Voters will be asked to raise $25,000 as the balance due on a townwide revaluation, which began last year. Bob Gingras of Parker Appraisal, who is being paid a total of $70,000, should be finished with the revaluation by tax time in July, Eastman said.

The last townwide revaluation was done 15 years ago. Annual property sales are used for periodic adjustments in assessments, but with the phenomenal rise in market value of lakefront property on Kezar Lake over the past few years, it was felt a townwide revaluation was needed, Eastman said.

The town has around $600,000 in its surplus account, and selectmen would like to increase that amount to $1 million, Eastman said.

Voters will be asked to raise $4,000 to complete the purchase of signs needed for renamed of roads, which were necessary because of the statewide E-911 system. Eastman said some residents aren’t happy with the names their roads have been given, but those issues can be addressed once the project is complete.

Several non-money articles are on the 94-article warrant.

Voters will be asked to rescind a mooring ordinance passed last year that generated many complaints, Eastman said. The Planning Board will hold a public hearing on the plan to eliminate the mooring ordinance at 7:30 p.m. March 3 in the selectmen’s office. A second public hearing will also be held that evening on an amendment to the zoning ordinance that would stiffen the requirements regarding notification of abutters about a building proposal.

Both items will then be up for a vote at the March 6 town meeting.