1. Town of Yarmouth Draft Budget Plan
Prepared for the Yarmouth Town Council Presentation
February 22, 2018

2. What’s NOT included: School Budget Details
Development Fund (TIF program)
Pay-As-You-Throw
Street Light Conversion to LED
New Debt Service Costs (Schools or Town)
Community Center or YCS Home
Final State-Aid Revenue Determinations
Final Tax Base Calculation

3. The Bottom Line: Municipal Only
Tax Rate (municipal): $4.66/$ $0.16/ /10ths of 1%
Net Tax Required: $7,773, %
Less Town Revenues: ($4,780,515) %
Total Expenditures: $12,554, %
The Bottom Line: Municipal Only

4. Drivers of the Municipal Expenditure Change
Staffing $180, Inspector, Equip Op, Comm. EMS
Programming $25, Aging in Place
Capital Reserves $65, S. Waste, Parks, Tech, Bridges
Debt $73, “normal” variation
Wages/Overhead $190, Insurances, Retirement, COLA
All other $9, Misc.
TOTAL $543, %

5. Municipal tax Burden: 5 year trend

6. DEBT BURDEN Current Schedules Only

7. Debt- with new town debt only added

8. Debt Schedule: Future incl. new school bond