JAY — School and Budget Committee members will hold meetings on a proposed $9 million school budget for 2010-11 on Wednesday and Thursday. Selectmen and the Budget Committee will review the proposed $5.88 million municipal budget the following week.

Both budgets reflect a significant loss in anticipated revenue.

The school spending package is $726,385.72 less than the current budget and reflects reductions in staff and other areas. The school is anticipating a loss of an estimated $670,922.33 in revenue.

If nothing changes in the proposed plan, taxpayers would be asked to raise $7.88 million compared to $7.7 million last year. A new required article has been added for food service for $20,000, resulting in an estimated overall tax assessment increase of about $199,178 for the school system.

The municipal proposed budget represents a $200,840.84 reduction from the current year. It also calls for reductions in staff and other areas. After revenues are factored in, the net municipal budget is $3.15 million, $111,600.16 more than the current year.

The anticipated revenue factored into next year’s budget is $2.7 million compared to $3 million in the current year.

School budget review begins at 6 p.m. March 24 and 25 in the high school library.

Municipal budget review is slated for 6 p.m. on both Monday, March 29 — the first half-hour is a selectmen’s meeting — and Tuesday, March 30, at the high school library

Scheduled for review on March 29 are police, fire, highway paving, transfer station and donations. On March 30 will be the library, town government, general assistance, buildings and grounds, building inspector, professional services, insurances, hydrants and street lights, summer recreation, ambulance, sewer and debt service.

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