Waldoboro’s proposed municipal budget for next year balances a loss in revenue of $95,873 with a similar amount in spending cuts. The result is that the amount to be raised in property taxes for the municipal budget would drop by $68 in 2011, according to the proposed budget.

The Budget Committee began its formal work on the budget March 16 at a meeting in the town office with the Board of Selectmen, the town manager and department heads. Budget Committee member William Blodgett was elected chairman of the committee, and the group began to go line by line through the budget that was prepared by Town Manager William Post.

Post said it was another difficult year of putting together a budget that does not increase the tax burden of town residents. He said the revenue losses are largely the result of cuts in state aid. Revenues from municipal revenue sharing are down $58,599, or 17 percent from the past budget. Homestead exemption revenues are down $31,162, or 24 percent. Interest earnings are down $7,420, or 37 percent.

On the expense side of the budget, Post said he worked with department heads to find $95,941 in cuts to come in with a flat-funded budget. The proposed 2011 budget does not include wage increases. Post said a cost of living increase of 3 percent for town employees would translate to $45,000 to $50,000 in expenses.

In the first of three meetings, the Budget Committee reviewed all the revenues and the expenses for general government and public safety. Nearly all expenditure lines show decreases from the past year.

General government expenses total $440,054 in the proposed budget. This includes expenses for finance ($131,458), office of the town manager ($97,715), assessing department ($77,352), town clerk ($50,400), municipal building ($49,923) and office of the Board of Selectmen ($19,206). There were a lot of explanations to go along with those numbers. For example, the budget for the office of the town manager includes half the salary of the administrative assistant as well as membership fees. And the selectmen’s budget includes printing costs for the town report.

Police Chief Bill Labombarde described the police department budget, which is proposed at $474,166, down 1.3 percent. He said this budget will provide 24-hour-a-day police protection for the town. The budget for animal control is $14,122. The other public safety budgets reviewed at the meeting were fire hydrants ($80,160) and street lights ($16,714).

The Budget Committee, selectmen and town officials will continue the budget review process on Thursday, March 18. On the schedule are emergency medical services, the fire department, public works and community development accounts such as economic development and the Shellfish Conservation Program.

The group will meet Tuesday, March 23 to review human service accounts, community service programs such as the library and the recreation program, insurance and employee benefits, debt service, and the capital budget. All the meetings, which are open to the public, start at 6 p.m. at the town office.

The expenses in the proposed municipal budget total $3,596,159. The expected revenues — from excise taxes, state revenues, charges for public safety service and other sources — total $2,271,411. The amount to be raised by property taxes for the municipal budget would be $1,324,718.

According to the budget calendar, selectmen are expected to finalize the budget and town warrant on Tuesday, April 13. A public hearing will be held at the end of May on the town budget and other warrant articles. The election will be held Tuesday, June 8.