Mount Desert Will Likely Weigh Using Debt Service Reserve to Cushion Tax Impact of School and Municipal Bonds
Planning board approves on Hall Quarry Road Carrie Jones Dec 20, 2025 MOUNT DESERT—Facing approximately $775,000 in annual debt payments tied to school renovations and municipal borrowing, Mount Desert officials are weighing whether now might be the moment to tap a long-set-aside reserve fund. It’s an effort the town manager says that could soften future tax increases even as rising costs ripple through budgets across … Continue reading Mount Desert Will Likely Weigh Using Debt Service Reserve to Cushion Tax Impact of School and Municipal Bonds
