06/08/2021 - On June 8, 2021 Cape Elizabeth voters approve the $29,857,097 School Board Budget by a vote of 294 to 145 [Article].
05/10/2021 - Town Council votes to approve Municipal General Fund Operating and CIP expenditure budget for Fiscal Year 2022, of $16,857,021, not including overlay, with estimated non-property tax revenues of $10,018,272 and estimated property taxes of $6,838,749. Town Council votes to approve the School Department budget for Fiscal Year 2022, for a total appropriation of $29,857,097 and estimated revenues of $2,558,689 [Article].
05/04/2021 - State revenue sharing increases local funds by $200,000.
05/03/2021 - Following Public Hearing, Town Council set to vote on Municipal and School budgets, Monday, May 10, 2021 [Article].
05/03/2021 - Town Council holds a Public Hearing on proposed municipal and school budgets, Monday, May 3, 2021 [Article]. Total taxes to be raised is $36,093,478 -- with a tax rate increase of 3.411 percent.
04/26/2021 - School Board presents FY2022 budget to Town Council [Article].
04/13/2021 - School Board votes to adopt a proposed FY2022 budget in the amount of $29,857,097. This shows a 4.80% expenditure increase and a 3.45% increase to property taxes.
04/06/2021 - Business Manager Marcie Weeks informed that Maine Benefits Trust announced a 0% increase for health insurance contractual services. This represents a saving of $164,000.
03/24/2021 - Superintendent Donna Wolfrom announced that Maine Benefits Trust has set the state ceiling for health insurance increases at 4.2%. This represents the maximum increase to be expected by schools [Budget update letter]
03/08/2021 - Town Manager Matthew Sturgis delivered a draft Municipal and Community Services budget of $16,871,393 for fiscal year 2022. This is offset with revenues from all sources in the amount of $8,853,472. The amount to be collected from property taxes is proposed to be $7,016,901 which is 5.48% more than last year. As proposed, the budget will provide a net to taxes increase of 3.76%. Due to challenges associated with the pandemic, the Municipal Budget experienced a significant revision to adapt to the pandemic influences. Last year’s budget decreased on the Municipal rate by 3.46% on the tax rate, resulting in a two-year average of .15% increase. The Town Council, acting as the Finance Committee, will begin a review of the proposal on Monday, March 15 at 6:00 p.m. via Zoom video conference.
03/01/2021 - State subsidy for Cape Elizabeth School Department is currently listed as $1,740,104.15, which is an increase of $6000 from last year. [Article]
01/26/2021 - School Board begins to review its budget proposal with an Original Request presentation by administrators. See school website for budget documents.
12/14/2020 - Draft municipal department budgets due to Town Manager Friday, January 22, 2021