The Lisbon Regional School District on Wednesday presented a bare-bones budget proposal

LISBON — The Lisbon Regional School District on Wednesday presented a bare-bones budget proposal. The $6.8 million spending plan would lower the local education tax in Lisbon and Lyman. Voters will have their say at the annual meeting on March 15. The school board said it went to great lengths to deliver a tax cut during tough economic times. They lowered expenses ($100,000 below last year) and dipped into reserves (transferring $182,000 from the building maintenance trust fund) to offset an 18 percent drop in state adequacy aid and a 19 percent increase in insurance costs.