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Rangeley council adopts 2026 budgets and certifies mill levy
Summary
The council approved multiple budget resolutions including Resolution 2025-06 adopting the town budget for fiscal year 2026 and Resolution 2025-08 certifying a 10-mill levy on an assessed value of $20,612,140. Council thanked staff for updated materials and approved the budgets by voice vote.
At the meeting the Rangely Town Council adopted several budget-related resolutions for fiscal year 2026, including Resolution 2025-06 (town budget), Resolution 2025-05 (Rangeley Foundation for Public Giving budget) and Resolution 2025-07 (Rainsley Housing Authority budget). The council also certified the 2025 mill levy as required by county assessment figures under Resolution 2025-08.
Speaker 2 thanked staff for preparing updated materials, saying, "Thank you for working through this, and and I I felt like we were like we always are, but we were updated to date on everything that we had to look at." Council moved and approved the resolutions by voice vote. The mill-levy certification states the assessor's assessed value at $20,612,140 assessed at 10 mills for the 2026 budget year.
The council discussed fund balances and GAAP adjustments during budget review; staff clarified that available cash — not capital assets — is the figure available to spend. Members agreed to schedule any additional work sessions after the new town manager is on board to walk through unfamiliar items.
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