RICHMOND — A $3.6 million town budget and $9.1 million school budget, which together are projected to increase the tax rate by less than a $1 per $1,000 of property value, go to voters at the annual town meeting Tuesday.

Proposed town spending is up about $6,000, or .27%, from the current year’s budget, according to Jim Chandler, town manager, with $2.2 million coming from local taxes.

And school spending is proposed to increase by about $289,000, or 3.3%, with $5.4 million coming from local taxes, an increase of $210,000, or 4%, according to Superintendent Chad Kempton.

Chandler estimates if residents approve all the proposed funding items at the annual town meeting, which is at 6 p.m. Tuesday at Richmond High School, the town’s tax rate, currently at $11.20 for $1,000 of assessed valuation, would increase to less than $12 per $1,000. Chandler noted that’s an estimate, as the final numbers won’t be clear until the town’s overall property valuation is set by the state.

For the first time this year, warrant articles will identify money generated in the town’s two tax increment finance districts as a source of spending.

TIFs allow municipalities to shelter property taxes generated by new development within designated districts. Sheltering money through a TIF means the value of the development would not be added to the town’s total property valuation for state tax calculation purposes.

Without that mechanism, as a municipality’s total property valuation increases, its state-provided revenue — such as aid for education and revenue sharing — decreases, and its county tax liability increases.

Chandler said after he was hired last year, he heard some people wanted that information to be presented at town meeting for transparency.

This year TIF revenues, which are only estimates for now, could provide $450,000 to help fund road construction projects, and $400,000 for economic development, downtown revitalization, and eligible infrastructure projects.

The TIF funds targeted for road construction would be combined with $800,000 proposed to be taken from the town’s fund balance, an account generally made up of funds unspent in previous years, for reconstruction projects on Beedle and New roads.

Kempton said school spending driving the budget increase includes fixed costs such as staff salary increases, an 11.3% increase in health insurance costs, and the need to make multiple repairs and infrastructure replacements at the aging Marcia Buker School.

State funding for Richmond schools, at $3.4 million, is down $103,000 from the current year.

Both town and school budgets include additional money for fuel, both for heating buildings and powering vehicles, given the ongoing high prices for fuels.

Chandler said the town received good bids for gas and diesel through Maine Power Options, but even with those prices, the proposed fuel budget increased from about $28,000 to $41,000.

The schools’ budget for heating oil is up from about $45,000 to $49,000, a figure Kempton said would have been higher, but recent upgrades to the heating system at Marcia Buker made it more efficient. And the budget for fuels for vehicles is up by $10,900.

Officials say they hope one change could save funds for both the town and school.

Previously, the town contracted out for IT services. And the schools contracted out plowing and sanding school parking lots.

Kempton said the town and schools reached an agreement where the schools, which have an IT director and IT technician, will provide IT support to the town. In exchange, the town will plow school parking lots.

“The new town manager and I are trying to find ways to be more efficient,” Kempton said.

Kempton said the last plowing contract for the schools cost about $23,000 for the year.

In an effort to be better able to provide IT services to the town, the schools would increase the contracted time for the IT technician by 10 days a year at a cost of roughly $3,800 a year.