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RSU 22 proposes $40.75 million FY26 budget; towns face steep assessment increases and carryforward choices
Summary
Superintendent Nick Wain presented a $40,746,863.65 FY26 budget proposal — a 4.44% increase — and outlined carryforward options that will affect local tax assessments ahead of a district budget meeting on June 5 and a validation vote June 10.
RSU 22 Superintendent Nick Wain presented a proposed FY26 budget of $40,746,863.65 on May 14, saying the figure represents a 4.44% increase over the current year and that the presentation is based on a $1,000,000 carryforward assumption.
The budget matters to taxpayers because local assessments would rise sharply under several of the carryforward scenarios discussed. "Everything that you will see tonight on this presentation is based on $1,000,000 carry forward money," Wain said, noting the district and towns will decide how much of the fund balance to use to offset taxes. He told representatives from the four towns that a district budget meeting is scheduled for Thursday, June 5 at 7:00 p.m. in the Hammond Academy Gymnasium and that the…
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