POLAND — The Select Board held the first of two public hearings Tuesday on the June 11 town meeting warrant, which includes a proposed $9.4 million municipal budget for 2024-25.
That figure represents a 7.67% increase from the $8.94 million for 2023-24 with the net amount to be raised by property taxes $6.4 million, a 12.51% increase from this year’s $5.70 million.
Non-tax revenue from such sources as state allocation, fees and excise taxes accounts for nearly $2.99 million, a decrease of $43,255 from this year’s budget.
According to figures supplied by town officials, the largest increases are $300,322 in the capital improvement plan, $102,000 more in Androscoggin County tax, and raising an additional $126,000 in the tax increment financing allocation.
A decrease of $75,000 in excise tax revenue is also anticipated in the coming year.
The Budget Committee has recommended passage of all financial articles.
Several articles dealing with the zoning map and comprehensive land use code are also on the warrant.
The Select Board plan to hold a second public hearing Wednesday at 6:30 p.m. in the conference room of the Town Office.
Following the hearing, the Select Board plan to make its recommendations upon signing the warrant.
In other business, Town Manager Matt Garside said the four-way stop at Poland Corner and Harris Hill roads is scheduled to be done by the end of April.
The Select Board awarded the contract for line striping town roads to On the Line of Bangor for $12,986.
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