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Town Of Cape Elizabeth
Cape Elizabeth News

For budget details, see related sites and documents:

05/14/10

Fiscal 2011 general, special fund budgets
set to May 24, 2010 public hearing

The Town Council will hold a public hearing at 7:30 p.m. Monday, May 24, 2010 on proposed general and special funds budgets for fiscal 2011.

The overall general fund budget proposal, which includes municipal, school, county and Community Services, amounts to $31.4 million, up 2 percent over this year, and poses an overall tax-rate increase of 32 cents per $1,000 of assessed valuation, up1.8 percent over this year's rate of $17.54.

At a special meeting May 13, the council voted 5-2 to set the amounts to public hearing. Councilors Anne Swift-Kayatta and Jessica Sullivan were opposed, citing concerns over increased spending for schools.

Here is a summary of proposed expenditure amounts, revenues and impact on taxes: (download summary in pdf format)

Also on May 24 the council will take public comment on a series of proposed special fund budgets. Here is a summary of those budget proposals: (click here to download special funds spreadsheet and narrative)

Budget Budget $ Change % Change
Expenditures FY 2010 FY 2011 10 to 11 10 to 11
Cape Elizabeth Rescue Fund   $    179,786  $    339,786  $ 160,000 78.9%
Cape Elizabeth Sewer Fund  $ 1,428,690  $ 1,548,095  $ 119,405 8.3%
Spurwink Church Fund  $      10,589  $      10,589  $            -   0.0%
Riverside Cemetery Fund  $      46,957  $      46,713  $       (244) -0.5%
Fort Williams Park Fund  $      33,809  $      44,702  $   10,893 34.3%
Portland Head Light Fund  $    530,067  $    530,780  $        713 0.1%
Thomas Jordan Fund  $      35,535  $      35,535  $            -   0.0%
Infrastructure Imp. Fund.  $      88,000  $   88,000 100.0%
Total Budget  $ 2,265,433  $ 2,644,200  $ 378,767 16.6%
 $            -  
Revenues  Revenues Revenues 10 to 11 10 to 11
Cape Elizabeth Rescue Fund   $    180,000  $    170,000  $ (10,000) -6.1%
Cape Elizabeth Sewer Fund  $ 1,515,000  $ 1,565,000  $   50,000 3.3%
Spurwink Church Fund  $         1,500  $         1,500  $            -   0.0%
Riverside Cemetery Fund  $      33,000  $      33,000  $            -   0.0%
Fort Williams Park  Fund  $      30,000  $      45,000  $   15,000 53.6%
Portland Head Light Fund  $    532,400  $    532,200  $       (200) 0.0%
Thomas Jordan Fund  $      15,000  $      35,535  $   20,535 57.8%
Infrastructure Imp. Fund.  $      25,000  $   25,000 100.0%
Total Revenues  $ 2,306,900  $ 2,407,235  $ 100,335 4.3%
Change to Fund Balance
Cape Elizabeth Rescue Fund   $            214  $   (169,786)
Cape Elizabeth Sewer Fund  $      86,310  $      16,905
Spurwink Church Fund  $       (9,089)  $       (9,089)
Riverside Cemetery Fund  $     (13,957)  $     (13,713)
Fort Williams Park Capital Fund  $       (3,809)  $            298
Portland Head Light Fund  $         2,333  $         1,420
Thomas Jordan Fund  $     (20,535)  $               -  
Infrastructure Imp. Fund.  $     (63,000)
Total   $      41,467  $   (236,965)

The day after the hearing May 24, the council is scheduled to take final action on the school budget proposal in a special meeting May 25, 7:30 p.m. in the Town Hall chamber. A townwide validation of the school budget will be held June 8 in accordance with state law. (Click here for more election information, including information on absentee voting)

Both the May 24 budget hearing and May 25 school budget adoption meeting are scheduled for live broadcast on CETV Channel 3, with rebroadcast scheduled in the weeks before the validation. (click here for program schedule)

As part of the school budget validation question this year, Cape Elizabeth voters will be asked if they wish to continue the validation process, which was instituted by state law in 2008.