The sales were a mixed bag, but the key gauge for airport financial health and traffic is trending mostly positive.
revenue
Posted inAdvertiser Democrat, Lewiston-Auburn, Oxford Hills
Oxford Casino revenue increases for town, county
OXFORD — The town received $1.7 million from the table games and slot operations at Oxford Casino in 2017, according the Maine Gambling Control Board. The amount is $115,852 more than in 2016. According to the Gambling Control Board, the town’s 2 percent of the net slot operations was $1.37 million and from table games, […]
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Posted inFranklin
Jay’s state valuation lowered for second year in a row
JAY — The town’s certified state valuation for 2017-18 has been reduced by $111.8 million, to $586.45 million under the state’s Sudden and Severe Disruption of Valuation Program. It is the second year Jay has qualified for a reduced adjustment because of downsizing at the Androscoggin paper mill and the loss of valuation for the town. […]
Posted inAdvertiser Democrat, Lewiston-Auburn, Oxford Hills
Buckfield revenues up, town manager says
BUCKFIELD — Giving her treasurer’s report for the first quarter of the fiscal year, Town Manager Cindy Dunn told selectmen Tuesday night that everything is in order. She said revenues are 25 percent above normal because the town receives large payments in the first quarter. These include contracts with other towns for services from the Fire […]
Posted inLocal & State
Peggy Rotundo says state should pay bills before adding to savings
AUGUSTA — Rep. Peggy Rotundo, D-Lewiston, said Tuesday a state revenue surplus of about $73 million should be used first to help cover the state’s bills before being put into Maine’s savings account. Rotundo joined other Democrats in countering a bill being offered by Republican Gov. Paul LePage that seeks to put all of the […]
Posted inLocal & State
Maine cities, towns prepare to defend revenue in next state budget
AUGUSTA — Maine’s cities and towns are bracing for what’s sure to be another battle over how much tax revenue the state should ship their way as part of the state’s revenue sharing program. The funds, meant to be 5 percent of all sales and income taxes collected, have increasingly become a source of funds […]
Posted inLewiston-Auburn
Consistent revenue, programs top Lewiston’s wish list for state legislators
LEWISTON — City officials may not be expecting anything special under the tree on Christmas, but they did unleash a big list of wishes for state legislators for the coming year. City Administrator Ed Barrett, city councilors and Lewiston school officials asked for everything from more municipal revenue to more authority to deal with truant […]
Posted inFranklin
Wilton water budget approved; department looking at rate hike
WILTON — The Board of Selectpersons approved a proposed 2015 budget of $516,228 for the water department Tuesday. During the coming year, the department intends to apply for a rate change, Clayton Putnam, water/wastewater superintendent told the board. The amount has not been determined yet. The rate hike would take effect in January 2016, he […]
Posted inLocal & State, sj-web
Forecasting committee predicts revenues $45 million over budget
AUGUSTA — Maine officials say the state will collect $67.5 million more in revenues over the next two fiscal years than was expected. The report from the Revenue Forecasting Committee comes as Republican Gov. Paul LePage and lawmakers gear up to craft a budget for the next two fiscal years, which begin July 1. The […]
Posted inRiver Valley
Rumford auditor says town is in ‘good financial shape’
RUMFORD — Selectmen have learned from town auditor Ron Smith that Rumford is doing well financially. Rumford uses about $1.2 million in tax revenue in the budget, but only needs about $150,000 of that, Smith said. “So that’s the good news,” he said. Concerns in 2013-14 were a large property abatement, a tough winter and […]