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Somerset County reviews $3.3 million FY27 Unorganized Territory budget; adds $400,000 TIF revenue to lower tax impact
Summary
Somerset County commissioners reviewed a draft FY27 Unorganized Territory budget that would rise to $3.3 million from $2.8 million (a 16.8% increase) and agreed to apply $400,000 of TIF revenue to reduce the net increase to under 3% before the final draft is approved in December.
Somerset County commissioners reviewed a draft FY27 County Services budget for the Unorganized Territory that would increase spending to $3.3 million from $2.8 million, a 16.8% rise, during their Nov. 5 meeting in Skowhegan. UT Coordinator David Spencer said the draft reflects increased spending on road and bridge repairs and the addition of a sheriff's deputy to provide full coverage across the UT.
Spencer told commissioners the county anticipates receiving roughly $450,000 to $500,000 annually from higher valuations along the NECEC corridor in Johnson Mountain and Moxie Gore. The commission reached consensus to add $400,000 of TIF revenue into the draft to reduce the budget increase to less than 3%. The draft is due to the Legislature this month and the commission will consider a final approval in December. Resolution 25-188 (approve the first draft with $400,000 from TIF) passed on a 4-0 vote (motion by Commissioner John Alsop; second by Commissioner Scott Seekins).
