BUCKSPORT — The Town Council May 26 approved a $10,898,262 budget for the fiscal year starting July 1.
While the budget increased by about 4.8 percent, the tax rate will remain flat.
Town Manager Roger Raymond said overlay funds will be used to cover the additional property tax burden generated by the municipal and school budgets.
At the beginning of the meeting, Councilor Jeff Robinson said the council recognizes that many local residents cannot afford higher taxes.
He said the town has 37 properties undergoing foreclosure, numerous outstanding tax payments and sewer liens.
Raymond said the budget manages to hold the line on taxes, while retaining all staff and continuing capital improvement efforts.
The budget maintains salaries for non-contractual employees at current levels — forgoing traditional cost-of-living increases.
The town’s capital improvement plan through 2015 includes continuing contributions to equipment and facility reserve accounts, the purchase of a new plow truck, improvements to the animal shelter, the purchase of the Nason property for use as a future parking lot and other projects.
The budget also includes enough money to pave nearly six miles of town roads.