BUCKFIELD – When town residents meet on Wednesday, June 21, to vote on the 2006-07 budget, they will see only an eight cent per $1,000 valuation increase in the property tax rate for the town budget.
The total increase will come to $1.40, including Buckfield’s share of the school budget and county tax.
Based on a property value of $125,000, the estimated tax increase would be $173.75.
The Summer Roads account reflects an increase of approximately $117,000 over last years budget, but according to Town Manager and Road Commissioner Glen Holmes, they did no paving last year and want to get back to fixing roads.
The town is also looking to purchase a new ambulance. Now that patients are paying for the service, no tax money will be involved, according to Holmes.
The Fire Department is asking to purchase a new fire truck using all of the firetruck replacement reserve and borrowing up to $200,000. Payments would not begin until July 2007, and firetruck payments would just continue, so no tax increase is needed, according to Holmes.
The total budget is $2,620,254.22, including county taxes and the school budget. The net to be raised by the town through taxation is $1,629,970.69.
There are 63 articles to be voted on at the annual town meeting, which starts at 7 p.m. at the Buckfield Junior-Senior High School.
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