CARRABASSETT VALLEY — Voters on Wednesday will elect four town officials and decide on a  2016 budget that would lower property taxes 1 percent.

Voting will be held from 8 a.m. to 6 p.m. at the municipal office. The town meeting will start at 7:30 p.m. at the Outdoor Center.

All but one of the candidates is an incumbent, according to Town Manager David Cota.

Jane Luce has served on the Regional School Unit 58 board for 16 years but is not seeking another term. Stephen Arno is seeking that position. Board member Jane McCormack is seeking another term.

Selectmen Lloyd Cuttler and Robert Luce also are seeking re-election.

Incumbents Carl Demshar and Neal Trask are running unopposed for the Sanitary Board of Trustees.

Cota said the 2016 spending plan is recommended by the Budget Committee.

Voters will be asked to give to contribute $100,000 toward the new $2.1 million Carrabassett Valley Academy competition center at Sugarloaf. The academy has received a $1 million grant from the Bill and Joan Alfond Foundation, and nearly all of the rest has come from other financial commitments. Construction will begin in May and be completed in November. U.S. Alpine championships will return to Sugarloaf in March 2017, Cota said

The other one-time request is for $50,000 to start a Mountain Fire Station Reserve Fund. The Sugarloaf Mountain fire station has been housed in two bays attached to the Sugarloaf Maintenance Garage. The town has a second fire station closer to the town center. The town agreed 33 years ago with Sugarloaf owners that they could build a two-bay fire station on Sugarloaf’s property.

“The location was considered critical for providing firefighting and related services to the developed mountain area,” Cota said.

Recently, Sugarloaf has expressed an interest in acquiring this space for their growing needs, and Carrabassett Valley’s mountain fire station needs extra space the current building does not have. The funding will start a reserve account for a new station and begin the planning process, with a projected completion date within a few years.

“If this is approved, we would eventually look to recoup the town’s investment in the present two-bay space and try to find a suitable location on mountain to build a new fire station,” Cota said.

The proposed total municipal budget appropriation request is $2.46 million and includes the $150,000 in one-time requests. This is $149,262 more than last year. To offset this increase, the Budget Committee has recommended using $185,000 from undesignated surplus and $350,610 in other projected revenues to lower the tax commitment. The undesignated surplus at the end of 2015 was $1.26 million, which is $102,856 more than the previous year, Cota said.

The 2016-17 school budget is expected to decrease, but the town’s share of the Franklin County budget continues to increase substantially, primarily because of the town’s increased state valuation.

“We expect (the county budget) to increase from $620,000 to $680,000,” he said.

The town has seen at least $5 million of new construction, with 30 new housing units started in 2015.

“We anticipate that the bottom line, if all town budget requests are approved as requested, will mean that property taxes will decrease by approximately 1 percent in 2016,” he said.