The council also discussed renewing a lease with Orion Ropeworks and has signed an agreement with the town of Lisbon to reimburse training costs for a new officer.
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Proposed $26.6 million Winslow town budget includes 2 mill tax increase
The tax rate is going up from $18.82 to $20.82 per $1,000 of valuation.
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The Winslow Town Council plans a first reading of the 2021-22 budget at its April 12 meeting with councilors aligning in support following a several budget hearings.
A budgeted $2 tax rate increase is expected to allow the town to replenish fund balances to improve its bond rating, avoid another large mill rate increase next year and strike a balance between providing services to residents without depleting town savings.
Peter Drapeau
“All of us looked the budget over for past performance and evaluated what we had to do moving forward,” said Peter Drapeau, a first-year councilor who represents District 1. “Under this budget and everything hashed out, we can assume that we’re going to get us to a bond figure that gets us up two more ratings so we can buy bonds at a better rate.”