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Staff briefs committee on proposed state revenue‑sharing increase and confirms RFP posting for city auditing services
Bangor City Finance Committee · February 13, 2025
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Summary
Staff reviewed Senator Baldacci’s bill to raise revenue sharing and estimated a possible $500,000 annual benefit to the city if enacted; staff also confirmed an RFP for auditing services was posted to the city website that afternoon.
City staff briefed the finance committee on a proposed state revenue‑sharing bill and on administrative items including the posting of an RFP for auditing services.
Staff summarized Senator Baldacci’s bill, which would raise state revenue sharing to 5.5% effective Jan. 1, 2026 and to 6% effective Jan. 1, 2027. Staff provided a short…
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