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The original item was published from 5/18/2021 12:58:00 PM to 5/26/2021 11:14:54 AM.

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Biddeford Front Page News

Posted on: March 9, 2021

[ARCHIVED] Fiscal Year 2022 Budget

The City Council will continue budget deliberations at a virtual Workshop on May 18, directly following the 6:00 PM City Council Meeting. While budget deliberations are still in progress, the tax rate with the budget as it currently stands would be impacted by 1.16%, or $0.23.

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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