Southport property valuation up 7.3%
Property values in Southport are going up and up. During the Sept. 4 selectmen’s meeting, Chairman Gerry Gamage updated the board about correspondence from the state indicating property valuation for 2024 and projected figures for 2025. According to the state correspondence, Southport’s 2024 property valuation is $811,850,000 which is a 7.3% increase. The projected 2025 valuation is $945,045,000 which would be a 14% increase.
In other action, selectmen received a ballot for 2025 County Budget Advisory Committee representatives. Southport selectmen declined to submit a ballot for naming a budget committee member and legislative representative. The 10-person committee has three representatives from each of the three county commissioner districts plus one legislator. Ballots are due by 3 p.m. on Sept. 19 to the county treasurer. The BAC work session is scheduled for Oct. 18. Commissioners will hold an informational meeting with the committee on Oct. 31. Commissioners have until Dec. 17 to approve a Fiscal Year 25 county budget.
Selectmen approved two requests for town hall rental. The Friends of Southport Historical Society will hold a Sept. 9 board meeting in the town hall. Southport Island Association will hold a free flu shot clinic Oct. 10 in the town hall.
Selectmen meet next at a 5 p.m. Wednesday, Sept. 11 in the town hall.