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Information on Aircraft Use Tax - Maine Revenue Services
The Town received grant monies to pave the taxiway between the hangers and to build a Snow Removal Equipment Building (SRE) to house the equipment purchased last year.
The total projects break down as follows:
| BUILDING: |
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| State/Federal Grant |
$38,400 |
|
| Town Matching Funds |
$9,600 |
|
| |
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$48,000 |
| SRE Building Expenses |
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$45,456 |
| Unexpended Balance |
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$ 2,544
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| PAVING: |
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|
| State/Federal Grant |
$6,507 |
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| Town Matching Funds |
$1,600 |
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| |
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$8,107 |
| Paving Expenses |
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$8,300 |
| Unexpended (Overdraft) Balance |
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($193) |
| TOTAL PROJECT BALANCE |
$ 2,351 |
At their February, 2006 meeting the Town Council voted to deposit the unexpended funds to the Airport Reserve Account.
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