SAD 48 taxes could go up 3 percent
Morning Sentinel, May 24, 2007
(excerpt) The overall budget is up about 4.5 percent to $19.2 million, of which $4.9 million will come from local property taxes, said Kelley Carter, business manager for the district. The biggest jumps are in payroll and benefits, which will climb nearly $800,000 next year. Payroll and benefits make up about 72 percent of the overall budget, Carter said. Other projected increases are from energy, repairs to buildings and other services. The district had to adjust to state-determined valuations in each town that rose an average of 15.1 percent, Carter said. Valuations are used to determine state funding for essential programs and services. "The increase in valuation is really impacting the local share of EPS," Carter said.
(excerpt) The overall budget is up about 4.5 percent to $19.2 million, of which $4.9 million will come from local property taxes, said Kelley Carter, business manager for the district. The biggest jumps are in payroll and benefits, which will climb nearly $800,000 next year. Payroll and benefits make up about 72 percent of the overall budget, Carter said. Other projected increases are from energy, repairs to buildings and other services. The district had to adjust to state-determined valuations in each town that rose an average of 15.1 percent, Carter said. Valuations are used to determine state funding for essential programs and services. "The increase in valuation is really impacting the local share of EPS," Carter said.
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