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The original item was published from 6/18/2021 3:39:00 PM to 7/8/2021 3:24:00 PM.

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Biddeford Front Page News

Posted on: March 9, 2021

[ARCHIVED] Fiscal Year 2022 Budget

The City Council passed the second and final reading of the Fiscal Year 2022 Budget at the June 15 City Council meeting. The budget that was published in the June 7 Public Hearing Notice was adjusted by $182,329.46 to add funding for four additional firefighter positions.

With this change, the tentative tax rate is $19.98. This is a $0.07 decrease from FY21. Please note that the tax rate is expected to change when the Assessor's Office completes its property revaluation; however, the total amount of revenue that will be collected to fund the budget will not change.

FY22 Budget Overview

* * * * *

Each year, the City Manager works with the Finance Director and each of the departments to develop a fair and reasonable budget proposal that meets the City’s needs. 

On March 2, the City Manager presented the proposed budget to the City Council. The presentation discussed the impact that COVID-19 had on the current fiscal year budget and its possible impacts on the FY22 budget, the property valuation challenges for FY22, and the City Manager’s suggested approach for dealing with the FY22 budget.

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