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Budget 2014-2015

Current Status

06/11/2014 - Voters approved a $23.2 million school budget at the annual validation June 10. [news article]

05/12/2014 - Following a public hearing, the Town Council on May 12 approved a $34.2 million combined municipal budget for 2014-15. Included is a $23.2 million school budget, which will be presented to voters for validation June 10. [public hearing agenda] [news article]

04/17/2014 - The Town Council will hold a public hearing May 12, 2104 on a $34.2 million combined municipal budget for 2014-15. The budget poses a 3.2 percent hike in taxes, an increase of 52 cents per $1,000 of assessed valuation, up from $16.28 in 2013-14. [news article]

04/15/2014 - The Town Council Finance Committee will review the proposed school budget at a workshop April 16. The town manager has proposed revisions to the town budget that would eliminate its proposed tax-rate increase. [proposed town budget revisions] [proposed overall budget summary as of 04/15/2014.] If the finance committee completes its work April 16 it may hold a special meeting immediately following to set a public hearing on the 2014-15 budget for 7 p.m. May 12 at Town Hall.

04/09/2014 - The School Board on April 8 adopted a 2014-15 school budget of $23.2 million; and a Community Services budget of $1.7 million. [news article] Both budget proposals will be presented to the Town Council on April 16.

03/28/2014 - At a special meeting March 27, the School Board tabled adoption of the 2014-15 school and Community Services budgets to the April 8, 2014 School Board business meeting. [video]

03/20/2014 - Finance committees for the Town Council and School Board are reviewing proposed budgets in workshop sessions. See budget review schedule

03/10/2014 - The state Department of Education has released a preliminary subsidy estimate of $2.5 million for Cape Elizabeth, approximatley $87,000 less than this year [news story]

02/27/2014 - Town Manager Michael McGovern is proposing a $9.3 million municipal budget for 2014-15, up 2.7 percent over this year's [news story]

02/26/2014 - The School Board on Feb. 25, 2014 was presented a draft, $23.2 million budget proposal for 2014-15. [news story]

10/08/2013 - The Town Council on Oct. 7, 2013 acknowledged receipt of a combined municipal and school 10-year capital improvement plan for 2015-2024.

09/13/2013 - The Town Council and School Board will meet at 6:30 p.m. Wednesday, Sept. 25, 2013 at Town Hall to meet with auditors and to discuss joint capital planning

09/13/2013 - The School Board on Sept. 10, 2013 was presented with a draft 10-year capital stewardship plan for school and Community Services facilites including the Richards Pool

08/14/2013 - The Town Council on Aug. 12, 2013 acknowledged receipt of an $21 million, 10-year capital stewardship plan for 2015-2024.

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. (under construction)


Overall Budget | Town Budget | School Budget | County Budget | Community Services


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