Village Board OKs $2.42 million budget for 2018-19
The Village Board has adopted a $2.42 million budget for 2018-19 carrying a 2.64 percent increase in spending of $62.237.
The spending plan was approved at a meeting Tuesday.
Mayor Gary Bassett said the focus had been on keeping the tax rate unchanged while attending to infrastructure needs.
“We’ve put in an annual paving plan,” he said. “Basically, it’s a budget that allocates for a mile of paving a year within the village.”
Among changes in the budget is the expectation of $63,000 in property rental revenue, a 55.52 percent increase of $22,490.
“One of the biggest things that helps us is we brought in Verizon as a cell phone tower, which is bringing in new revenue,” the mayor said.
Bassett added that there has also been a move toward shared services.
“We executed, using the (Dutchess County) procurement service ... to reduce engineering costs,” he said.
Under the budget, there will be a $1.63 million property tax levy, a 1.47 percent increase of $23,697. The figure comes in at $23,120 under the state levy limit.
Salaries in the spending plan include: mayor, unchanged at $8,000, and four trustees at $3,250 each, for a 1.56 percent increase of $50.
There are additional salaries in the water and sewer budgets for the positions, but the figures were not itemized and officials could not immediately provide the information.
Other changes in the budget include:
• Police at $448,959, for a 5.01 percent increase of $21,438.
• Fire Department at $227,076, an 8.09 percent decrease of $20,000.
• Highway Department at $397,000, a 5.22 percent increase of $19,700.
• Employee benefits at $442,200, a 2.02 percent increase of $8,746.
• Debt service at $172,042, a 2.42 percent increase of $4,059.