Pittsfield: SAD 53 weighs possibilities for $600,000 budget increase
Bangor Daily News, April 5, 2007
(excerpt) Detroit will pick up a larger percentage of the overall SAD 53 budget this year because of the town’s large increase in valuation, Superintendent Michael Gallagher told board members this week.
Last year, Burnham’s share increased after its valuation jumped from $56 million to $73.25 million. This year, Detroit’s valuation went from $33.3 million to almost $38 million, which represents a 13.79 percent increase.
Pittsfield’s share of the budget would drop by about 3 percent. With a valuation of $193 million, Pittsfield still will pay the lion’s share of the tax burden, at about $2.2 million.
The district’s budget committee has created two scenarios, both based on a $10.9 million budget, which is about $600,000 higher than this year’s.
The options are based on local tax rate expectations, and final figures have not been released by the state.
One option would increase the local tax assessment by just $46,000, which would decrease the budget by 2.15 percent. The second option would jump the assessment $83,000, and reflect a budget increase of 3.18 percent.
In creating the budget, budget committee Chairman Barbara Pomeroy said that contract costs rise $800,000, necessitating a cut of $200,000 in proposed expenditures this year.
(excerpt) Detroit will pick up a larger percentage of the overall SAD 53 budget this year because of the town’s large increase in valuation, Superintendent Michael Gallagher told board members this week.
Last year, Burnham’s share increased after its valuation jumped from $56 million to $73.25 million. This year, Detroit’s valuation went from $33.3 million to almost $38 million, which represents a 13.79 percent increase.
Pittsfield’s share of the budget would drop by about 3 percent. With a valuation of $193 million, Pittsfield still will pay the lion’s share of the tax burden, at about $2.2 million.
The district’s budget committee has created two scenarios, both based on a $10.9 million budget, which is about $600,000 higher than this year’s.
The options are based on local tax rate expectations, and final figures have not been released by the state.
One option would increase the local tax assessment by just $46,000, which would decrease the budget by 2.15 percent. The second option would jump the assessment $83,000, and reflect a budget increase of 3.18 percent.
In creating the budget, budget committee Chairman Barbara Pomeroy said that contract costs rise $800,000, necessitating a cut of $200,000 in proposed expenditures this year.
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