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PUBLIC NOTICE

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TOWN OF HAMPDEN PUBLIC NOTICE Notice is hereby given that the Hampden Town Council will hold a public hearing at 7:00 pm on Monday, June 27, 2016 at the Hampden Municipal Building for consideration of the proposed FY 2017 town budget, including the Sewer Fund Budget and the Capital Program. PROPOSED 2017 HAMPDEN TOWN BUDGET - GENERAL FUND ACCOUNT ACCOUNT NAME PROPOSED NUMBER BUDGET 2017 01-01 ADMINISTRATION $598,062 01-02 GIS/IT $108,031 01-03 COMMUNICATIONS $19,483 01-05 TOWN COUNCIL $29,717 01-10 MUNICIPAL BUILDING $95,561 01-15 TAX COLLECTOR $7,350 01-20 ELECTIONS $9,514 01-25 PLANNING/ASSESSING $274,164 01-30 ECONOMIC DEVELOPMENT $2,250 05-01 POLICE $1,014,039 05-05 FIRE DEPARTMENT $959,605 05-10 PUBLIC SAFETY $195,877 06-06 NON-DEPARTMENT UTILITIES $544,095 10-01 PUBLIC WORKS $1,367,857 10-05 MUNICIPAL GARAGE $34,090 10-10 STORMWATER MANAGEMENT $123,430 15-10 SOLID WASTE $360,028 20-01 RECREATION $137,083 20-10 DYER LIBRARY $250,008 20-20 LURA HOIT POOL $206,024 25-10 THE BUS $84,597 30-10 BUILDINGS & GROUNDS $196,495 40-10 GENERAL ASSISTANCE $6,000 50-10 DEBT SERVICE $339,986 67-10 TIF $288,513 3-00-00 RESERVES $502,019 GROSS MUNICIPAL BUDGET TOTAL $7,753,872 LESS MUNICIPAL REVENUES - $3,089,833 = NET MUNICIPAL BUDGET TOTAL $4,664,039 RSU-22 TAXATION AMOUNT $6,308,863 COUNTY TAXATION AMOUNT $792,558 ESTIMATED TOTAL TAXATION REQUIREMENT $11,765,459 SEWER FUND - ENTERPRISE ACCOUNT Anticipated Revenues $955,860 Proposed Expenses $987,338 Estimated deficit (to be raised through user fees) ($31,478) CAPITAL PROGRAM The proposed five-year capital program is an attachment to the proposed FY17 Budget. Capital items proposed for funding in FY17 are included in the General Fund Budget. Revenues and expenses for years FY18 and beyond are preliminary and non-binding. Proposed FY 2017 budget referred by Town Council on 6/13/16. Copies of the entire proposed FY 2017 Budget, including Sewer Fund and Capital Program, are available for public inspection at the Hampden Town Office between Monday and Thursday from 7:30 AM to 6 PM and at www.hampdenmaine.gov. June 15, 2016

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