Summary
DOVER-FOXCROFT - While the proposed 2009-2010 municipal budget reflects less spending, more will be required from surplus to offset an anticipated loss of nearly $170,000 in declining revenues.
Dover-Foxcroft Town Manager Jack Clukey told selectmen Monday that the proposed budget reflects an increase in the use of the town's undesignated fund balance (surplus) from $165,000 this year to $200,000 in 2010 to offset the tax commitment. The increase from the surplus account is possible because the town didn't use all of the contingency funds set aside for 2009, he said.See the full content of this document
Extract
Proposed Dover-Foxcroft Budget Defers Projects
"We've got a base budget that stays within LD 1," Clukey said Tuesday. "Our chall...
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