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Waterville holds public hearing on 2026 appropriations; income tax estimate raised
Summary
At a Jan. 12 public hearing, the City of Waterville reviewed a proposed 2026 appropriations ordinance: officials reported stronger income tax collections, a reduced need for interfund transfers, and projected grant revenues that will affect the final budget to be voted Jan. 26.
The City of Waterville council opened a public hearing on its proposed 2026 appropriations ordinance on Jan. 12, 2026. Administrator John told the council the city will revise its 2026 income tax estimate upward to roughly $5,422,064 from an original $5,306,530 after stronger‑than‑expected collections.
Finance Director Tiffany reported the Nov.…
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