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“From 55 percent school funding, to full revenue sharing, to increased property tax relief, to health care, and much more, this budget makes important, meaningful, and historic progress for Maine people,” said Governor Janet Mills. “I applaud the members of the Appropriations and Financial Affairs Committee for their hard work in reaching this unanimous, bipartisan agreement.”
Below is a rundown of key budget points, shared through a news release jointly released by the offices of Senate President Troy Jackson and Speaker of the House Ryan Fecteau.
“Today, the Appropriations and Financial Affairs Committee approved a bipartisan proposal that finally makes good on our longstanding commitment to Maine schools, property taxpayers, and municipalities,” said Senate President Jackson. “It also responds to the hardships that Mainers experienced during this pandemic.”
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AUGUSTA Governor Janet Mills submitted Friday to the Legislature a supplemental budget proposal for Fiscal Year 2021 and a biennial budget proposal for Fiscal Years 2022-2023 that focus on maintaining vital services and increasing savings without creating new programs.
The budgets are balanced as required by the Constitution and continue efficiencies, good fiscal management and curtailments to cover projected revenue shortfalls for all three fiscal years, according to a news release.
The budgets do not change Maine tax rates and do not dip into the Budget Stabilization Fund; in fact they add to the state’s savings in order to preserve a solid financial foundation for the State, the release noted.
Mills budget proposal aims to strengthen COVID-19 response, cover projected revenue shortfalls without raising taxes
The budget proposal for Fiscal Year 2021 and a biennial budget proposal for Fiscal Years 2022-2023 do not change Maine tax rates. Author: Griffin Stockford (NEWS CENTER Maine) Published: 12:30 PM EST January 8, 2021 Updated: 6:14 PM EST January 8, 2021
AUGUSTA, Maine Gov. Janet Mills on Friday submitted to the Maine Legislature a supplemental budget proposal for Fiscal Year 2021 and a biennial budget proposal for Fiscal Years 2022-2023 that focus on maintaining vital services and increasing savings without creating new programs.
The budgets are balanced as required by the Constitution and continue efficiencies, good fiscal management and curtailments to cover projected revenue shortfalls for all three fiscal years. The budgets do not change Maine tax rates and do not dip into the Budget Stabilization Fund; acc