Saturday, May 03, 2008

Guilford: Panel to review SAD 4 budget this month

Bangor Daily News, May 2, 2008

(excerpt) A proposed 2008-2009 budget of $7,219,748 for the operation of SAD 4 schools will be up for adoption by directors at their May 13 meeting.

Locally, the district will need to raise $2,100,912 to receive $4,054,075 in state subsidy. The latter reflects an increase of $163,755 over the current year. In addition, taxpayers also will be asked to raise $518,510 in additional local funds not matched by state subsidy to meet the proposed budget needs.

The bottom line for taxpayers in Guilford, Sangerville, Abbot, Parkman, Wellington and Cambridge is the budget reflects an increase of $185,145 over the 2007-2008 budget and will require $53,751 more from local taxation than the previous year, according to SAD 4 Superintendent Paul Stearns. This amount includes the cost of adult education.

"The board feels they’ve come in with a budget that respects the taxpayers as well as the learners," Stearns said.

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