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April 2018.   The Village Board has approved the Budget for the 2018/2019 Fiscal Year which begins June 1, 2018.  The Budget includes a small increase to the Homestead Tax Rate of just 57 cents/$1000.  Since most homes have an assessed valuation of $55,000, the average increase will be $28.50 for the entire year (only $2.47 more per month). 

The budget again includes no increase for elected officials who have had no salary increase for 31 years.  There were also virtually no increases to Department Head budgets which have stayed level for 17 years, despite increased costs for materials, equipment, supplies, IT/contractual and professional services, etc.

Total Appropriations for all funds total $18,515,827.  The General Fund, on which the Village Tax rate is based is $13,860,022.  The budget includes funding for many capital improvements including milling and paving of several streets, sidewalk replacements in CDBG-eligible streets, and several sewer lining projects.

 

The Mayor noted that in the 17/18 Fiscal Year, the Village completed 2 water main replacement projects, lined several sewers, completed work on the east side of the Elmwood Pedestrian Improvement Project, initiated its new Recycle Program and started installing remote readers on interior water meters.  The budget will allow for capital improvements while maintaining the Village's services including emergency services which boast the fastest response time in Western New York.