HANOVER – Voters will act on a proposed $391,175 combined municipal and school budget when the annual town meeting convenes at 6 p.m. Oct. 28 at the town house on Howard Pond Road.

Voters will also elect at least one new selectman to replace longtime First Selectman Bruce Powell, who plans to resign Tuesday night. He has served more than a dozen years. About a year and a half remains on his three-year term.

Voters will also decide whether to re-elect Selectman Frank S. Morrison Jr., a retiree from the construction business.

Town Clerk Clem Worcester, who is also running for re-election as clerk, treasurer and tax collector, said all nominations and elections will take place from the floor. He said no one has announced intentions to run for any of the open positions.

Also up for election is one three-year seat on the School Committee held by Vicki Fimiani.

Of the $391,175 proposed budget, $175,000 is for education, down from $199,000 last year.

Little has changed in the municipal budget. Oxford County taxes rose about $800, and Med-Care Ambulance Service fees have increased about $1,300.

Voters will decide whether to approve the $11,000 last payment for a townwide revaluation, and act on a request to appropriate $52,000 for road maintenance and snowplowing, up from $40,000 last year. They will also decide whether to earmark about $25,000 to replace the second bridge on Howard Pond Road.

This year, residents will also be asked to raise $500 for general assistance, something they generally are not asked to do. Worcester said the general assistance article was included because of poor economic conditions.

When tax bills are mailed in early November, property owners will see about a 50 percent drop in the tax rate, which is currently $15.40 per $1,000 valuation. Worcester said most property owners will likely pay about the same amount of taxes, but many people living on Howard Pond will likely see an increase. The last total revaluation was conducted in 1994.

Property owners have until June 30 to pay their taxes.