Since then, it climbed steadily to .70 in fiscal year 2018, where it stayed flat the next fiscal year.
The estimated increase this current fiscal year would be the largest single-year increase in that 14-fiscal year period.
HALLOWELL — The city’s rising budget, as moved forward earlier this month, will likely increase each property owner’s taxes by more than 8%.
While there is still a chance Hallowell’s proposed spending could be cut before the third and final reading scheduled for August, a backlog of capital expenses that have been delayed is catching up to the city.
The council also approved 0,875.80 in offsets from the city’s tax increment financing on July 8, which would reduce the burden on the general fund.
The major increases — not line item totals — in the budget are: • ,250 in maintenance for administration, including a ,300 increase in City Hall cleaning, • ,891 for a new assistant city clerk position, • ,831 in debt service, • ,801 in municipal insurance, • ,111 for water district hydrant contracting, • ,000 for winter road maintenance, • ,947 for professional assessments, including ,000 for the city’s comprehensive plan and ,000 for a consultant for the Hubbard Free Library, • ,837 in “community services,” and • 7,300 in capital improvements, including ,000 for a “clerk of the works,” 8,000 for culverts, ,000 for the first year of a seven-year lease to convert to LED streetlights, ,000 for the first year of a fire truck lease and ,000 for the purchase of a police cruiser.
The council approved the second reading of ,474,883 in total spending on July 8, with ,145,818 being municipal spending.
Last year’s spending totaled ,773,289, but city officials said the new budget contained important backlogged capital expenditures.
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Former City Councilor Phil Lindley, who was last on the council in 2016, said he recalled specific conversations about deferring capital expenditures to keep the property tax rate flat.
He said the council could have spent more money over the last few years to reduce the current budget year’s increase.
“(The increase) is likely a result over the last number of years of how many years have been a minimal mil rate change,” Lindley said.
“When I was on the council, that was a palatable idea.
She said Tuesday that things cost more money than they used to and taxes are no different.