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FARMINGTON — Franklin County commissioners voted Tuesday to set the tax rate at $1.06 per $1,000 of property valuation. It is an increase of 5 cents.

A property valued at $100,000 would be assessed $106 for county taxes.

The majority of the towns in the county will see tax increases, while Kingfield and Wilton will see slight decreases.

County Clerk Julie Magoon presented commissioners two options for the tax rate. One was $1.06 with a $21,815 overlay. The other was $1.07 with a $68,590 overlay.

The 1-cent difference would make a small difference to municipalities. However, the difference increases for towns that have a higher valuation, she said.

“Typically, we go with the lower rate,” she said. “I’d like to keep it as low as we can. I think it would show the towns we are making every effort to keep taxes down.”

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Commissioner Gary McGrane of Jay said he doesn’t have a problem going with the lower rate. He just wants to make sure the county would have enough funds if something major happens.

It should be enough, she said.

Commissioners unanimously approved the lower rate to help cover the $5.51 million county budget. The budget, which includes $1.6 million for the jail, is $218,350 more than last year’s.

The towns, organized plantations and unorganized territory in Franklin County are valued by the state at $4.67 billion as a whole — about $27 million less than it was last year.

The value of the 17 towns and four organized plantations collectively dropped $44.15 million to $4.3 billion. The value of the unorganized territory increased $17.1 million to $352 million.

The towns and plantations will be assessed at $4.85 million as a whole, and the unorganized territory, $373,173.

The first half of the county taxes are due by Sept. 1, and the second half is due by Feb. 1, 2014.

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Franklin County valuation, tax assessments (rounded)

    2012-13   2013-14
Town State valuation County tax State valuation County tax
Avon 39.9 million 40,349 40.3 million 42,771
Carr. Valley 571.9 million 577,619 554.5 million 587,770
Carthage 31.2 million 31,562 31.4 million 33,337
Chesterville 90.5 million 91,405 89.6 million 94,976
Coplin Plt. 38.8 million 39,188 38.7 million 41,022
Dallas Plt. 125 million 126,452 129.2 million 136,952
Eustis 170.3 million 172,003 165.4 million 175,324
Farmington 456.8 million 461,418 446 million 472,760
Industry 78 million 78,830 77.2 million 81,885
Jay 992.6 million 1 million 1 billion 1 million
Kingfield 142.8 million 144,228 133.7 million 141,775
New Sharon 100.6 million 101,656 99.7 million 105,735
New Vineyard 65.5 million 66,155 66.2 million 70,172
Phillips 80.1 million 80,951 79.9 million 84,747
Rangeley 548.8 million 554.288 534.9 million 567,047
Rangeley Plt 189.8 million 191,748 186.9 million 198,167
Sandy Riv Plt 125 million 126,250 130 million 137,853
Strong 83.3 million 84,133 83.5 million 88,563
Temple 43.9 million 44,389 43.6 million 46,269
Weld 97 million 97,970 107.5 million 114,003

Source: Franklin County Clerk Julie Magoon

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