| Public Hearing Taking Place April 7th on Village of Lowville's Tentative Budget Proposed to Exceed State Property Tax Cap April 03, 2021 11:30 a.m. By: Nick Altmire |
meeting on April 7th at 4 p.m. to conduct their 2021-2022 organizational meeting and hold a public hearing for the 2021-22 Tentative Budget, in addition to any other business that comes before the Board. The proposed tentative budget increases spending by $53,700 over last year, taking total appropriations from $2,176,270 last year to $2,229,970 in this year's tentative plan. The amount to be collected through taxes (tax levy) increases by $66,372 (4 percent), from $1,653,936 last year to $1,720,308 in this year's proposed plan. This exceeds the property tax cap limit imposed by New York State. Although the amount to be collected through taxes is proposed to go up, the actual tax rate will drop from $9.608973/$1,000 of assessed value last year to $9.464838 this year, a decrease of 1.5 percent. Village officials say this is mainly due to the reassessment of property values in the village last year, which saw many property assessments increase. So, for example, if you own a home in the village valued at $100,000 last year, but your home was reassessed to $110,000, your village tax bill last year would have been $961 while this year's bill would be $1,042. Even though the tax rate dropped, for many homeowners the total amount owed may increase. Most taxpayers would have already seen the impact of the reassessments on their most recent school tax or county and town property tax bills. Any village resident with questions on the proposed 2021-22 spending plan is encouraged to attend the public hearing on April 7th. Details on how to access the meeting are included below. We've also included the following three proposed budget documents that you can review: 2021-2022 Village of Lowville Tentative General Budget 2021-2022 Village of Lowville Tentative Water Budget 2021-2022 Village of Lowville Tentative Sewer Budget
NOTICE IS HEREBY GIVEN that the tentative budget of the Village of Lowville for the Fiscal year 2021 – 2022 has been completed and filed in the office of the Clerk of the Village: that the Trustees of the Board of said Village will at a special meeting to be held at the Village of Lowville offices, 5535 Bostwick Street, Lowville, New York, on the 7th of April, 2021 at 4:00 p.m. hold a hearing for public comment regarding the tentative budget. Opportunity for participation is also available by joining zoom meeting: https://us02web.zoom.us/j/87533432432 Call in number: +1 929 205 6099 (Meeting ID: 875 3343 2432) A full copy of the tentative budget is available at the office of the Village Clerk and on the Village website and can be reviewed by the public at any time during normal business hours. The proposed salaries of each member of the Board of Trustees and the Mayor included in this budget are as follows:
2. Deputy Mayor - $2,831 per annum 3. Mayor - $6,305 per annum Any persons requiring special accommodations in order to attend or participate in the meeting should contact the village Clerk’s office (telephone: 315-376-2834 x 3) at least two business days prior to the meeting. Dated: March 19, 2021 BY ORDER OF THE VILLAGE BOARD OF TRUSTEES Pamela Roes Clerk, Village of Lowville |
| Subscribe to our YouTube Channel |
| Copyright 2015 linkinglewiscounty.com all rights reserved privacy policy here |
