Madawaska Takes Stand Against Tax Cap

Summary


MADAWASKA - Not unlike most Aroostook County municipalities, Madawaska stands to lose nearly half its property tax collections if the so-called Palesky tax cap is approved by voters in November.

The Board of Selectmen and the Madawaska School Committee on Tuesday signed a resolution against the proposal that could cut tax collections by 49.4 percent. The resolution was a unanimous decision by both boards.

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Extract


Madawaska Takes Stand Against Tax Cap

The proposal would, according to figures released Tuesday by Town Manager Fred Ventresco, reduce operating budgets of the school and the town by $3...

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