2023-2024 Tentative Budget
View the 2023-2024 Tentative Budget HERE
The Budget Public Hearing will take place on Tuesday April 11, 2022 at 6:00 PM.
Tentative Budget Summary
The proposed property tax rate falls from $3.10 to $2.77 per 1000 assessed value.
In addition to conservative budgeting, assessed value for the village increased by $84.5 mil.
GENERAL FUND-
Expenses:
Salaries have been calculated with a 2% increase. Union contract is up for renewal 12/31/23.
Non-Union employees will be under the direction of the Mayor and Board of Trustees. Overtime for
the Highway department was evaluated. Major increases were to insurances (General Liability and Health) and utilities.
Project funding in the budget includes:
Revenues:
25 MPH speed limit throughout village $ 15,500
Public use Porta-potty $ 6,000
Update 1993 Comprehensive Plan ( incl. Safe Routes $ 60,000
Asher Dam- Inspection & Repair $ 67,000
Added lease/Purchase for Police, Highway trucks $ 30,500
Added lease/Purchase for new Wheel Loader $ 17,559
Compost Facility- supplies (most from Capital) $ 3,600
Flex Tech- HVAC Village Hall Study $ 21,700
Revenue from interest has been increased due to the increase in the interest rate forecast.
Interest & Earnings $ 25,000
NYCLASS Lead participant $ 9,000
YS Sales Tax $ 37,197
WATER-
The Water Fund balanced at $1,044,497, up 1% from last year. No rate increase is indicated.
Salaries have been calculated with a 2% increase. Union contract is up for renewal 12/31/23. This
budget includes increases to utilities, insurances, a new vehicle and turbidity meters.
A Water Plant Upgrade is underway funded by a grant from NYSEFC and low interest bonds.
SEWER-
The Sewer Fund balanced at $765,150, Down $52,895. No rate increase is indicated. Salaries have
been calculated with a 2% increase. Union contract is up for renewal 12/31/23.
This budget removes an anticipated additional employee and increases utilities, to insurances, a
new influent pump and Equipment.
All funds have balanced their budgets without allocating Fund Balance.