CARRABASSETT VALLEY — Voters passed a $1.8 million town budget, down 14.7 percent from last year’s net budget of $2.16 million, according to municipal documents.

Town Clerk Wendy Russell said voters passed all proposed articles during the annual Town Meeting Wednesday night, including an article for the town to facilitate a $300,000 federal economic development grant for a proposed Sugarloaf bowling alley and entertainment center. The grant stipulates Sugarloaf must create 10 full-time jobs at the center. The grant money will be used to help build the facility.

Voters also re-elected all town officials, none of whom ran opposed. There were 92 votes cast during elections which were held the same day.

The current property tax is $6.30 of $1,000 of valuation. For a property valued at $100,00 the property tax would be $630.

Money raised by the property tax go not only to the town but also to the county and school district. According to the town report, in 2013 an estimated 51 percent of money raised will go toward the town, 24 percent will go to the school district, 15.9 percent will go to the county and 8.8 percent will be used to pay debt service.

Kaitlin Schroeder– 861-9252
[email protected]

 

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