Waldoboro will begin working on a proposed $3,587,652 municipal budget when the Budget Committee and selectmen meet Tuesday, March 15 at 6 p.m. at the town office.

The proposed budget does not include money from the fund balance to keep down the tax rate. Last year, $275,000 was used from the fund balance, but that account is low and no money will be used in this year’s budget from the fund balance.

The property taxes for the proposed municipal budget total $1,696,149, which is up $274,998 from last year’s amount of $1,421,151. That increase very nearly corresponds to the $275,000 fund balance that was used last year, but is not available in the fiscal year 2012 budget.

The total expenses in the proposed municipal budget are down $8,508 from last year’s budget of $3,596,160. Revenues in the proposed budget are $1,891,503, down $283,506 from last year’s revenues of $2,175,009.

There is funding for 31 staff members in the town’s proposed budget. A cost of living increase is not included in the budget.

“The spending levels outlined in this budget attempt to provide the programs and services that the residents of Waldoboro have experienced over the past several years while dealing with ever increasing costs for those services and large reductions in revenue from the state of Maine,” said Eileen Dondlinger, finance director and interim town manager, in the budget overview. “It is our goal to provide the citizens of this community with the best level of service possible within the financial resources available.”

Budget review meetings will be held at 6 p.m. at the town office on Tuesday, March 15, Thursday, March 17 and Tuesday, March 22.

For a copy of the proposed budget, go to waldoboromaine.org.

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