The city council set the mill rate to 21.65, up from the previous mill rate of 20.80, at a meeting Tuesday, Sept. 16.
The city, school and county budgets for which Belfast is responsible total $15.781 million, and the city’s valuation has been assessed at $730.8 million, up $10 million from 2013. The minimum mill rate that would cover the budget, calculated by dividing the budget by the valuation, is 21.59, or ...
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