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Budget 2017-2018

Current Status

03/13/2017 - Town Manager Matthew Sturgis will present a $12.2 million town budget proposal for 2017-18 to the Town Council this evening. The proposal is up 1.4 percent over this year, but with a slight deline in revenues projected for 2017-18 and town valuation increasing at less than 1 percent, taxes for town services would increase 2.6 percent, or 11 cents per $1,000 of assessed valuation.

03/03/2017 - Interim Superintendent Howard Colter has submitted a $24.7 million school budget proposal for 2017-18, an increase of 1.6 percent. The budget would add 45 cents, or 3.6 percent, to the current tax rate of $12.40 for school services. [news article]

02/24/2017 - Cape Elizabeth's school subsidy is projected to decrease nearly $800,000 million, according to preliminary printouts issued by the Maine Department of Education [news article]

12/14/2016 - The Town Council on Dec. 12, 2016 approved a $18.7 million, 10-year capital stewardship plan for 2017-2026.

Budget Meeting & Adoption Schedules

Finance Committee

The Finance Committee is a committee of the whole Town Council. See link for information on all Town Council meetings.


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