Windsor selectmen decided to lower the tax rate to 12.7 mils ($12.70 for each $1,000 of valuation) at the August 20 meeting. Last year’s rate was 12.9 mils or $12.90 for each $1000 of valuation.
Assessors Agent, Vernon Ziegler, CMA, met with selectmen to set the 2019-2020 mil rate. Ziegler explained the process in great detail for those attending the meeting. “Windsor tax bills are approximately equal to what the town needs to run, but must include overlay to cover expenses and to make sure there is enough cash flow to keep the town running,” said Ziegler. The state mandates that municipalities shall not exceed five percent overlay.
Currently, the town of Windsor collects over $4 million in taxes, of which $759,000 is needed for the town to function. Approximately 80 percent of taxes collected is allocated to the county and schools.
Other factors that were considered included the revaluation of real estate that will be happening later this year. The last revaluation was completed in 2006. Further discussion topics included comparisons of surrounding towns rates and the four utility companies which currently pay a large portion of the town’s tax receipts.
After reviewing the data and listening to Ziegler’s recommendation, selectmen approved a 12.7 mil rate by a unanimous vote. Town Manager Theresa Haskell scheduled printing of the tax bills for later that evening and expected postal delivery to town property owners starting the last week in August.
In other news, the Ladies Aide was recognized by town officials with the Spirit of America award for its members’ dedication of time, aid and service to the town of Windsor and beyond. In addition to the plaques, the ladies are being invited to the Spirit of America award celebration later this year in Augusta.
During the town manager’s report, Haskell said the auditors completed their visit and that it all went well, but Haskell has yet to receive the final report. The auditor recommended carrying over $59,920 from major road construction to the major road/bridge and culvert replacement reserve, stating the difference is merely a formality to stay consistent with the current wording as approved by voters. Haskell also requested approval to take $10,000 from the bridge reserve account from 2018 that didn’t get transferred, and use it to open a certificate of deposit account (CD) that will mature in July 2020 to coincide with other maturing CDs. The selectmen approved the request.
The next regularly scheduled Windsor selectmen’s meeting will be on Tuesday, September 3 at 6 p.m.
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