MINOT — Voters passed the proposed $1.99 million municipal budget at Saturday’s annual Town Meeting, held in the Minot Consolidated School gymnasium.

The 34 voters in attendance, masked and spaced apart accordingly by state requirements, were ushered through the 54 warrant articles by Auburn attorney James Pross, who was voted in as moderator at the start of the meeting.

The budget includes financing a three-year $1 million bond.

The bond funds for “a capital project consisting of road construction and paving of town roadways,” according to the town, will include work on Brighton Hill Road, Hersey Hill School Road and Death Valley Road.

The town will be able utilize $60,384 from the state’s Local Roads Assistance Program in the project as well.

Voters also approved appropriating $75,000 from the town’s Undesignated Fund Balance of $2.4 million to fund the Revaluation Reserve account, which would bring its total to $150,000, the estimated cost of revaluating town properties.

The revaluation is slated to begin in August by O’Donnell and Associates of New Gloucester.

Town Administrator Danielle Loring stated at the beginning of the meeting that the budget reflects an increase of 1.29% or $21,900 over the prior municipal budget.

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