
Town Manager Peter Joseph and Finance Director Jessica Maloy are scheduled to present the operating and 2018-19 tax increment financing budget to councilors tonight.
The town is proposing $10 million in spending, a $295,393 or 2.9 percent increase that would increase taxes by $32,643.
The current property tax rate is $14.95 per $1,000 of assessed valuation. The town is proposing an increase of $0.02 per $1,000 of assessed valuation — an additional $4 per year in taxes for a home valued at $200,000.
According to budget documents, the proposed municipal, county and Regional School Unit 5 spending plans combined would increase taxes by $863,580 and increase the tax rate by $0.54 per $1,000 of assessed value. That would mean a total tax bill of $3,098, an increase of $108 or 3.6 percent.
The council will also consider setting a public hearing for May 15 to determine whether the town’s ordinance requires Doherty’s North Freeport General Store on Wardtown Road to obtain a victualer license.
Councilors will also consider disbursing perpetual care funds to several cemeteries Tuesday, and write off more than $12,000 in personal property taxes owed on properties by defunct businesses with no assets.
Recognition ceremony
Freeport police holding recognition ceremony tonight
The Freeport Police Department will recognize community members tonight who have helped keep the town safe.
The recognition ceremony will take place at 6 p.m. in the Freeport Town Council Chambers before the council’s 6:30 p.m. meeting.
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