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What is the impact of the Portland Public Schools budget on Portland taxes?

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What is the impact of the Portland Public Schools budget on Portland taxes?

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The School Committee passed and recommended to the City Council a fiscal year 2010 budget of $91,337,043, or 2.04 percent more than the fiscal year 2009 budget. Due to a projected increase in state aid to the district, the budget will reduce the local property tax burden by $1,018,250, or 1.5 percent.

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