SPRINGFIELD, Ill. (AP) — Recession-plagued states diverted scarce money away from pensions to pay for more immediate concerns, leaving a $757 billion hole in the retirement funds covering millions of public employees, according to a study released Monday. The Pew Center on the States found 34 states failed to maintain safe levels of money in […]
budget
Posted inLewiston-Auburn
City Council settles Auburn budget
AUBURN — People late in paying their property taxes won’t get a discount on late fees, the City Council voted Monday. Councilors approved their 2012-13 fiscal year budget Monday night. It calls for a 0.3 percent increase in the municipal property tax. That amounts to 2.44 percent increase in the total tax rate when combined […]
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Posted inFranklin, The Franklin Journal
Residents want failed articles reconsidered at town meeting
LIVERMORE FALLS — Resident and former Selectman Kenny Jacques asked selectmen Monday to bring back all 12 municipal articles that failed at the polls June 12 to another vote. That way the issues could be discussed in open forum and both selectmen and the Budget Committee could explain their reasoning for their recommendations before residents […]
Posted inLewiston-Auburn
Litchfield OKs $1.67M budget
LITCHFIELD — More than 80 residents showed up Saturday morning to take part in the town’s annual meeting to finalize the 2012-13 operating budget. Town Manager Mike Byron said voters passed all 59 articles of the proposed $1,678,759 budget — including two specific articles aimed at improving the small town’s dated firetrucks and plow truck […]
Posted inMaine
State revenues up slightly, small surplus expected
AUGUSTA — With only a few weeks to go in the budget year, state revenues are up $24.9 million over revised estimates made in April. That means the state will likely end the year with a modest surplus, “but what that means for future months remains to be seen,” Finance Commissioner Sawin Millett said. That […]
Posted inFranklin, The Franklin Journal
RSU 73 budget fails
LIVERMORE FALLS — Voters in Jay, Livermore and Livermore Falls on Tuesday rejected a proposed $18.8 million Regional School Unit 73 budget by a combined tally of 642-734. The proposal for 2012-13 failed in all three towns: Jay residents voted 328-341; Livermore voters, 196-253; and Livermore Falls, 118-140. The failed budget reflects a $410,527 increase […]
Posted inFranklin, The Franklin Journal
RSU 73 budget vote failing with two of three towns reporting
LIVERMORE FALLS — With Jay and Livermore reporting results on RSU 73 proposed $18.8 million budget late Tuesday, the budget was failing 524-594. Livermore voters rejected the proposal by a 196-253 vote. Jay residents also rejected the proposal in a vote of 328-341. Livermore Falls had not reported results as of 11 p.m. The proposed […]
Posted inFranklin, The Franklin Journal
Voters reject local ordinance to oversee state building code
JAY — Voters rejected a local administrative ordinance for the state’s building and energy code by a vote of 314-325 Tuesday. All articles, except for one, pertaining to the $6.25 million budget passed. Residents opted not to donate $1,500 to SafeVoices, formerly known as Abused Women’s Advocacy Program in a 313-331 vote. Voters elected Pearl […]
Posted inFranklin, The Franklin Journal
Ballot count ongoing late Tuesday
LIVERMORE FALLS — Results of votes on elected officials and a proposed $2.3 million municipal budget for 2012-13 were still being counted late Tuesday. No results had been reported as of 10:15 p.m.
Posted inAdvertiser Democrat, Oxford Hills
Bethel voters OK $2.1 million budget
BETHEL — In less than two hours Wednesday night, town meeting voters in the Crescent Park School gym approved a $2.1 million municipal budget. The $2,110,812 budget is $23,526 less than last year’s budget of $2,134,338. Coupled with the Oxford County assessment of $336,288 and SAD 44 assessment of $2,574,904, the total appropriation, less revenues, is […]