POLAND — The proposed state valuation for the town for 2025 has increased about $130 million from the previous year, selectpersons were told Tuesday evening.
The proposed figure for the town is $1.36 billion while the Androscoggin County figure is $14.68 billion for 2025.
The proposed valuations for 2024 were $1.23 billion for Poland and $13.24 billion for the county.
Maine State Revenue Services stated the figures represent “equalized value of all taxable property in each municipality as of April 1, 2023, while incorporating sales data primarily from 2022 and 2023.”
In other business, the board was informed by letter from Superintendent Amy Hediger that Regional School Unit 16 directors approved revisiting the cost-sharing formula among the three towns: Poland, Mechanic Falls and Minot.
The current cost-sharing formula is based on 90% valuation and 10% student enrollment.
The formula is applied to the amount of local revenue the district spends above the state’s subsidy.
In the 2025 fiscal year budget, which passed Sept. 17, the formula was applied to 16.17% of the total $28.4 million budget.
The Poland Select Board had requested a review of the formula.
According to Hediger, the district is searching for a facilitator to begin the review process.
The Select Board also approved the bylaws for the newly formed Broadband Committee.
Selectperson Stanley Tetenman brought up the issue of political signs on private property being stolen. He said people caught in the act of taking, removing or stealing signs can be fined up to $250.
We invite you to add your comments. We encourage a thoughtful exchange of ideas and information on this website. By joining the conversation, you are agreeing to our commenting policy and terms of use. More information is found on our FAQs. You can modify your screen name here.
Comments are managed by our staff during regular business hours Monday through Friday as well as limited hours on Saturday and Sunday. Comments held for moderation outside of those hours may take longer to approve.
Join the Conversation
Please sign into your Sun Journal account to participate in conversations below. If you do not have an account, you can register or subscribe. Questions? Please see our FAQs.