FY15-16 Greenville Municipal Budget

Presentation for May 13, 2015 Public Hearing

by Town Manager John Simko

School Department is funded 76% by local property taxes. Proposed FY15-16 budget will result in $1.21 mil increase.

Municipal Budget is funded 57.63% by local property taxes. Proposed FY15-16 budget will result in $0.30 mil increase.

Piscataquis County Tax Assessment is down this year by $4,228, a $0.01 mil decrease.

Overlay is the amount of money raised to cover errors or omissions in the property tax commitment – the Board of Selectmen will select this in September.

Property Taxes Fund Public Services

Current mil rate is $14.70 per $1,000 of valuation. Current property tax on a $100,000 property is $1,470 per year or $122.50/month.

Expected mil rate if FY15-16 budget is approved will be $16.20. For a $100,000 property this tax would be $1,620 per year or $135/month.

For a $100,000 property, the annual increase would be $150 and the monthly increase would be $12.50.

Expected Mil Rate Change

Public Works◦ Winter Roads – Sand pile cost is up $24,585 (this

is the year to screen sand, which is a $20,000 cost).

◦ Summer Roads – Hired Equipment & Town Equipment Rental are up total of $15,360 to reflect higher Town equipment rates & additional summer road work.

◦ Garage – net cost for necessary repairs $3,813.

Major Cost Drivers for the Town

Police Budget is up $9,026, mostly for proper budgeting of reserve officers to fill shifts, but overall Public Safety accounts are only up $5,672.

Recreation salaries are up $4,002, the majority of which is for a 5 hour per week increase in hours for the Director.

Solid Waste accounts are up $41,060 from last year, mostly for erosion control work at landfill and expected costs for trucking and tipping fees. But Solid Waste revenues are also up $30,600 from last year.

Employee Benefits are up $32,497 from last year, mostly due to increases in medical insurance and worker’s compensation.

Total net increase in expenses for FY15-16 is $48,558. Total net increase in costs to the taxpayer for are $89,507.

Major Cost Drivers for the Town

$2,436,618 municipal expenses ($1,032,293 off-setting revenue) $1,404,325 net municipal budget

Increase over last year = $89,507One mil raises $290,905.

$0.30 mil increase

Calculation of Net Municipal Budget for FY15-16

FY06-07 = $10.60 FY07-08 = $10.60 FY08-09 = $11.20 FY09-10 = $11.50 FY10-11 = $11.50 FY11-12 = $12.00 FY12-13 = $15.30 FY13-14 = $15.10 FY14-15 = $14.70

Recent Greenville Mil Rates

If anyone has questions after this public hearing or at any time regarding the Town or School Budgets, please contact one of us at your convenience – thank you.

John Simko, Town Manager 207-695-2261 or John@GreenvilleME.com

Superintendent of Schools David Morrill 207-695-3708 or Dmorrill@GHSLakers.org

Questions?