MILLINOCKET, Maine (NEWS CENTER) --- Officials in Millinocket are still trying to work through a massive cash flow problem the town is facing. This comes as the town is now left without a budget to restore its finances.
Last Tuesday Millinocket voters rejected the school budget proposed by the town council, which recommended making about $300,000 in cuts to education expenses.
Town leaders say without a budget they now can't collect property taxes from people and they say those funds are needed. Right now Millinocket only has enough money to pay bills for a few more weeks. Officials say without a budget a town shutdown becomes more likely.
"It's keeping us from releasing payments that are due to people...vendors and individuals that are expecting payments. Like on the retiree health insurance...that sort of thing," said Millinocket town manager Peggy Daigle.
Millinocket's school board will be meeting next Tuesday to work on a new budget. If it is passed by the town council it will once again have to go to voters for their approval.