Three of the four Maranacook-area elementary schools will see their budgets shrink in the coming school year, school committee members decided in votes this week.

Increased property values, declining student enrollment and a $34 million cut in state aid to local schools have contributed to shrunken state subsidies for Manchester, Mount Vernon and Wayne Elementary Schools.

In Readfield, the only one of the four towns to see its state subsidy and budget grow, the elementary school has cut two teaching positions and added a different one. The school district and teachers’ union are working out the terms of shrinking the school’s work force, Finance Manager Brigette Williams said.

The four towns’ residents will have their chance to accept or reject the committee-approved budgets in district budget meetings and referendum votes in the coming weeks. Residents will also have the opportunity to vote on the budget for the district’s middle and high schools that board members approved on May 1.