City Budget 2026: Flat Mill Rate, $3.7M Increase
Portland Maine News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
City leaders propose a $3.7 million budget increase for FY2026, maintaining the mill rate at 14.20, resulting in $6,901 in taxes for a median-priced home. Salaries, cost-of-living adjustments, and new hires drive costs up, along with expenses like software maintenance, general aid, trash disposal, and insurance. Councilor Huot praises the stable mill rate, while Finance Director Bryant emphasizes public inputs significance. The budget is still in draft form, with public hearings and input opportunities in April and May.
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