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Budget 2017-2018


Current Status

08/07/2017 - Town Assessor Clint Swett on Aug. 4, 2017 committed a tax rate of $18 for the town, 19 cents less than the $18.19 the Town Council anticipated when it adopted the $38.7 million overall muncipal budget in May [news article].

06/13/2017 - Cape Elizabeth voters validated the $24.9 million School Budget approved by the Town Council [news article]

05/15/2017 - The Town Council on May 15, 2017 adopted a $38.7 million budget for 2017-18. A $24.9 million school budget, the amount adopted by the School Board minus $1, will go to validation referendum June 13. [news article] [meeting materials]

05/09/2017 - Following a public hearing on May 8, 2017, the Town Council tabled consideration of a combined $38.7 million town, school and county budget for 2017-18 to a special meeting May 15; and, approved special fund budgets for 2017-18.

05/05/2017 - The Town Council will hold a public hearing on a combined $38.7 million town, school and county budget at 7 p.m. Monday, May 8, in the Town Hall chamber, with a proposed tax-rate increase of 3.9 percent. [news article]

04/25/2017 - The majority of town councilors, acting as the Finance Committee, agreed to support a $24.9 million school budget, and a $35,000 reduction in proposed town spending to bring the tax-rate increase to under 4 percent. Public hearing will be set for May 8, with final adoption May 15 and school-budget validation election June 13. [news article]

04/11/2017 - The School Board adopted a 2017-18 budget of $24.9 million, up 2.4 percent, with a proposed tax-rate increase of 4.4 percent [news article]

04/04/2017 - The School Board on agreed to restore approximately $240,000 worth of items which had been recommended, but left out of the original budget proposal for 2017-18 [news article]

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.

Documents

Overall Budget | Town Budget | School Budget | County Budget

Video


Website Articles

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