Budget 2019

[shortstuff]

Has the town board approved the 2019 budget?

[gorja]

Has the town board approved the 2019 budget?

Yes the Special Districts budget was approved unanimously.
The Ad Valorem budget was approved 4-1 with Ruffino voting 'No'

[Lee Chowaniec]

Yes the Special Districts budget was approved unanimously.
The Ad Valorem budget was approved 4-1 with Ruffino voting 'No'

Budget synopsis

General Ad Valorem

Appropriations (spending) increased by $1,353,429 over the 2018 budget; 5.175%

Special Districts Ad Valorem

Appropriations increased by $279,388 over the 2018 budget; 3.86%

Total budget spending increase

$1,632,187 – 4.89%

Refuse

From 2108 budget of $149.15 to 2019 budget of $167.88; $18.73 increase (12.56%)

Increase in tax levy

3.34%. Below tax cap and offset by $200,000 more appropriated from fund balance / reserves and increase in property valuation (town growth)

Tax Rate

Increase of 2.77%

Increase of $25.73 per $100,000 of property assessment ($953.88)

A single property residence assessed at $200,000 will see a tax increase of $51.46