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Special Town Meeting - Local Tax Rate

Tax bill have not been sent out for 2014 because Town Officials are still working to set the official tax rate for the year.  The change in valuation at Madison Paper (UPM Madison) will cause a signficant increase in the tax rate.  An information meeting and Special Town Meeting is scheduled for Tuesday September 16th to discuss options and vote on proposals to provide residents with some tax relief.  The meeting begins at 7pm at the Madison Junior High School.

The following links provide more detailed information

7 Year Tax Relief Proposal This spread sheet shows detailed estimates of the Town's Valuation, the Amount needed to Fund the Budget, and tax rates over the next 7 years.  This proposal assumes the use of a $2.5 Million line of credit.

Informational Video This 10 minute presentation breaks down the current tax situation in Madison in an easy to understand format. 

Legal Opinions  Questions have been raised regarding the authority of the Board of Assessors to set valuations.  This document provides some answers in an email to Town Manager Dana Berry from Susanne F. Pligrim, Staff Attorney with the Maine Municipal Association.

Event Calendar

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