RANGELEY – Voters here will gather at 6:30 p.m. Thursday at the Rangeley Lakes Regional School for the annual town meeting.

They’ll be asked to transfer $110,840 from the ambulance reserve account to the fire reserve account for the town to purchase a fire rescue pumper truck, Town Manager Perry Ellsworth said.

A name change for the Rangeley Fire Department to the Rangeley Fire Rescue is also on the warrant, he said.

Also up for a vote: An article to create a reserve account that would help refurbish the town clock.

A budget increase of $9,008 over this year’s budget will be discussed through the articles on the town warrant.

The proposed fiscal 2008 budget of $3,405,551 includes a $95,838 increase in Rangeley’s county tax, Ellsworth said. Rangeley’s share for county taxes is $499,538.

The town has seen an increase due to a higher state property evaluation. In 2006, the state valuation for Rangeley, county Clerk Julie Magoon said, was $367 million. This year it rose to $475 million, creating the increase. County taxes are determined by state values, she said.

Other items reflected in the increase include $6,000 in planning for a part-time building inspector, wages and fringe benefit adjustments, $20,000 for new reserve accounts for town dams, town clock and town radio systems and increasing utility and insurance costs.

The increase also includes $5,000 for the comprehensive plan, $4,000 for firefighter protection insurance and emergency management disaster supplies and $7,472 for maintenance of a comfort station.

Taxpayers will be asked to raise $1,936,811.44 for the school system, said Superintendent Phil Richardson. With a balance forward of $179,299 and state funding, that is the amount left up to taxpayers, he said.

The total school budget is $2,795,864.39. The budget is also supported by revenues from the plantations, he said.