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Reductions in Brunswick budget drops proposed tax rate to 5.4%
The council adjusted the proposed tax rate and approved a location for the June 8 school budget referendum.
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Brunswick’s proposed tax rate for 2021-2022 may drop decreased from roughly 6.3% to an estimated 5.4%. The decrease comes in part from reductions in school spending.
The town council Tuesday unanimously voted to forgive a $639,000 advance for construction of the Brunswick High School track. The allocation will come out of the general fund and result in a $90,000 decrease from the school’s overall budget.
This leaves the municipal tax impact at a rate of 1.47%, the school tax impact at 4.03% and the county tax impact at a .1% reduction. This also translates to a mill rate of $21.47 per $1,000 of property value, meaning the tax bill for a $200,000 home would be $4,294 up about $220 from last year.