Voters in towns across Washington County are being called to special town meetings this week to talk about whether they want to prepay their portion of
the $8 million debt the county owes for 2025 to Machias Savings Bank for a tax anticipation note, or TAN, that comes due Dec. 31.
Each town has been asked to consider prepaying its share this year. If it does not, the portion will be added to its 2026 tax bill.
The state’s 2025 valuation for Washington County is $5.66 billion, and each town’s payoff amount is based on a percentage of that figure. Towns with higher valuations — including Addison, Calais, Eastport, Milbridge, Jonesport, Lubec, Machiasport, Steuben and Whiting — will pay a larger share of the debt.
Baileyville faces the highest percentage, at 7.2 percent, and its payoff amount is the largest, at $572,742. Because Baileyville has a larger population than many Washington County municipalities, however, its per capita cost is $439 — less than some other communities.
Milbridge, where the TAN payoff plus interest is $432,066, will not prepay.
Bennington and Deblois have also decided against prepaying.
These three towns are shouldering the highest per capita cost for Washington County’s current debt:
* Bennington: $1,577 per person (population 62)
* Deblois: $850 per person (population 76)
* Milbridge: $719 per person (population 610)
Calais officials have also balked at paying their portion, which is $381,451, but as a city with 3,110 residents, the per capita cost is just $123, the third lowest in the county.
In Jonesport, facing a $375,088 payoff, town officials recommend borrowing from the surplus account and repaying it with 1 percent interest over five years — a plan they say would cost far less than borrowing from a bank.
The recommendation is scheduled to go before voters at a special town meeting this week.
Read our story on what other towns are doing — or not doing — as they near the Dec. 24 decision deadline.
For each municipality’s payoff amount, see our alphabetical database, which breaks down the tax anticipation note payoff, municipal valuations, percentage of valuation assessed per town, population and per capita cost.
Keep reading this newsletter for more local news from Washington County.
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