Two-cent rate cut proposed in new Cumberland fire budget

  • Source: Valley Breeze Papers
  • Published: 05/19/2016 01:58 AM

The Cumberland Fire District is proposing a 2.8 percent increase in spending next year, but a 2-cent cut to the tax rate, according to a budget plan that will be presented in the first of two public hearings tonight, Thursday, May 19, at 6:45 p.m. in Town Hall. Cumberland Fire Committee Chairman Bruce Lemois says the committee is looking at collecting $7.03 million in taxes next year, 1 percent less than the $7.09 million that was budgeted in 2015-16. But he sees a doubling of outside revenue, from $268,700 to $544,700, for a total budget of $7.58 million compared with last year’s $7.36 million. The tax rate will drop from $2.14 to $2.12 per thousand dollar property valuation, according to the plan. That’s $6 off a bill issued to homes valued at $300,000, from $642 to $636. According to Lemois, fire districts before the merger averaged increases of 4.7 percent in the final seven years. And the new rate, he said, is 3 percent lower than he anticipated it would be a year ago. The second public hearing required before the budget can be adopted is scheduled on Tuesday, May 24, at 7:15 p.m. at Cumberland Town Hall. That night is also expected to include the first vote to approve, followed by a second approval vote on Thursday, May 26.



Comments

We welcome comments from registered users. Comments are solely the responsibility of those who post them; their viewpoints are not endorsed by the Daily Dispatch and DailyDispatch.com. (read more)
Highlight
ship name
no comments have been added


FREE QUICK SUBSCRIBE
Sign up to subscribe to custom state Daily Dispatch emails for free

click to subscribe