Falmouth voters overwhelmingly approved a 2014-15 school budget Tuesday that’s set to increase 4.76 percent, but it will have no impact on the tax rate.

The vote was 1,923 to 385 in favor of the $31.7 million spending plan, which represents a $1.4 million increase over the current budget of $30.2 million, according to town documents.

The spending increase is projected to be offset by a $1.1 million increase in state revenue and a $300,000 increase in property taxes on new homes.

Budget highlights include 3.6 additional educational technicians in the special education program, technology and transportation increases and debt service for middle school improvements.

At $14.12 per $1,000 of assessed property value, Falmouth’s current tax rate is the lowest among 11 communities in Greater Portland.

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