Mayor Joli McCathran presented a draft budget to the Council for their March 26, 2018 work session. Priorities include continued implementation of the 2015 Forest Stewardship Plan, McCathran Hall foundation repairs, road resurfacing, restoration of walkways, and completion of the National Register Historic District Update.
The Town Council has recommended a budget and tax rate for the fiscal year beginning July 1, 2018. Anticipated income and recommended expenditures for the coming year (July 1, 2018 – June 30, 2019) are shown on the attached Town budget summary. The Council recommends the Town property tax rate increase from $0.255 to the constant yield tax rate $0.262/$100 assessed valuation. The constant yield tax rate represents the real property tax rate for the coming tax year that will generate the same amount of revenue as generated during the current tax year. The dwelling unit charge, which is tied to the cost of trash and recycling collection, is proposed to increase from $117 to $130 per dwelling per year to reflect the increased cost of a new three-year contract. Copies of the budget detail will be available at Town Elections and at Town Meeting on May 12, and are available now at the Town Office.
Questions may be directed to Treasurer Mary Challstrom at 301-926-4498 or Mayor Joli McCathran at 301-869-5358. Votes to adopt the proposed budget and tax rate will be taken by qualified voters assembled at the annual Town Meeting on Saturday, May 12. See you there!