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Bowdoinham municipal budget could increase taxes 1.5%
The proposed $2.3 million municipal spending plan for 2021-22 is a 7% or $156,297 increase over the current year.
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Bowdoinham selectmen are proposing a $2.3 million municipal budget for 2021-22 that could mean a 1.5% increase in taxes.
The spending plan represents a $156,297 or 7% increase over the current budget.
Town Manager Nicole Briand estimated this would increase taxes $70 for a home valued at $250,000. That does not include the town’s portion of taxes paid to Maine School Administrative District 75 or to Sagadahoc County.
Driving the increase in part is an $80,000 or 23% increase in debt service, Briand said. Health insurance costs are going up 12% and the town doubled its legal expenses budget to $20,000.
Topsham-area school district approves $47.3 million budget that would increase taxes by 1.4%
The 2022 budget will increase property taxes for residents in Harpswell, Bowdoinham and Topsham, while Bowdoin taxpayers will see a $2 decrease in their taxes.
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The Maine School Administrative District 75 school board approved a $47.3 million school budget for the 2021-22 academic year Thursday. If approved by voters in June, it will increase taxes in the district by 1.4%
Budget spending was increased by $1 million or 2.4% compared to the current year. Local taxes will also increase by a total of $370,859.
Bowdoinham will see a 1.8% tax increase or $35 for a typical home valued at $170,000. Similarly, property taxes in Harpswell will grow by 1.21% or $24 for a home valued at $428,000.
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