08/12/2019 - Tax Assessor Clinton Swett on Aug. 9, 2019 committed a 2020 tax rate of $19.68 per $1,000 of assessed valuation, lower than the $19.76 anticipated when the Town Council adopted the budget in May. [news article]
06/11/2019 - Cape Elizabeth voters on June 11, 2019 approved the $26.9 million school budget adopted by the Town Council by a vote of 417 to 207. [news article]
05/13/2019 - The Town Council on May 13, 2019 unanimously approved a $42 million combined municipal budget proposal for 2019-20. [Pro Forma Summary] The budget includes $300,000 anticipated revenue from a pay/display parking fee program for Fort Williams Park, also approved on May 13.
05/06/2019 - Following a public hearing on May 6, 2019, the Town Council voted to table consideration of the fiscal 2019-20 municipal budget to their meeting May 13.
04/25/2019 - The Town Council will hold a public hearing on May 6, 2019 on a proposed $42 million combined municipal budget proposal for 2019-20. [Pro Forma Summary] Councilors set the budget for public hearing following a wrapup meeting of the Finance Committee April 25. The proposed budget is up 6.5 percent over this year and poses a tax rate of $19.76, up 3.9 percent over this year. The hearing is at 7 p.m. at Town Hall. Vote on the budget, which includes town and school services and the county assessment, is expected on May 13.
04/09/2019 - Updated pro forma reflecting March Finance Committee workshop consensus and possible revenues from Fort Williams Park parking fees. Updated budget message.
04/05/2019 - The School Board on April 4, 2019 approved a $26.9 million school budget for 2019-20. The budget is up 5.9 percent over 2018-19, and would raise the tax rate for school services to $14.36, an increase of 4.4 percent. For a home valued at $314,000, the budget would add $188.40 to the school portion of the tax bill. [news article]. The board will present the budget to the Town Council Finance Committee on April 24, prior to public hearing and vote on the entire municipal budget - school, town and Community Services - in May.
03/27/2019 - Due to an anticipated lack of a quorum, the School Board has rescheduled adoption of its fiscal 2019-20 budget proposal from Tuesday, April 9, 2019 to Thursday, April 4, 6:30 p.m. in the Town Hall chamber. [news article] The board is slated to vote on a $26.89 million school budget for fiscal 2019-20, up 5.9 percent over this year's $25.4 million school budget. The proposal will mean a $14.40 tax rate for schools, an increase of 68 cents, or 4.9 percent
03/11/2019 - Town Manager Matthew Sturgis submitted a $13.62 million budget recommendation for town and Community Services for fiscal 2020, up $848,754 over 2019 spending, or 6.6 percent. [ Pro Forma | Budget Message] The budget would add 42 cents to the tax rate for a 9.8-percent increase to the municipal portion. Councilors, acting as the Finance Committee, will review the draft budget in workshops later this month (Budget Review Schedule)
02/26/2019 - The School Board continued review of a $27.37 million proposal for 2019-20 in the second of five budget workshops. [news article] Proposed expenditures (as of 2/15/2019) represent a 7.8 percent increase over this year's school budget, and would add 96 cents (7 percent) to the school tax rate of $13.76. There was consensus to explore alternate expenditure options to lessen the tax increase.
02/15/2018 - The state Department of Education is projecting $1.6 million in assistance for Cape Elizabeth schools, up 33.8 percent from the 2019 level [news article]
02/12/2019 - The School Board on Feb. 12, 2019 voted to include $189,060 for a facilities-needs assessment in their 2019-20 budget proposal. [news article]
01/29/2019 - The School Board has begun review of its expenditure budget in the first of a series of workshops [video].
12/10/2018 - Draft municipal department budgets due to town manager Feb. 15, 2019
