Town Council · Jun 8
Council members clarified that town fund balances cannot be used for individual council projects and reinforced strict tax interest policies to protect cash flow.
- The Council approved the FY2027 Municipal Budget, though one member abstained due to a conflict of interest regarding the fire department budget. Additionally, a $9M bond for the library, police station, and sewer projects is on the horizon.
- Regarding taxes: The Council voted 7-1 to keep interest on delinquent taxes at 7%, while also voting 6-1 to set interest on resident overpayment refunds at 3%. Council member Hardison cast the lone dissenting vote on both items.
- What’s next? A public hearing for the $9M capital improvement bond is scheduled for July 13 at 5:00 PM. This will impact all Orono taxpayers. Stay informed and show up.