Yorktown Supervisor Michael Grace has released his 2014 tentative budget which includes a tax decrease for homeowners with town utilities and a tax increase for homeowners without those utilities.
"It was certainly no easy task to provide a tax decrease/minimal increase in two consecutive budget years," Grace said. "Credit must be given to all department heads and staff who have worked diligently to do more with less."
The $54.3 million spending plan calls for 1.65-percent tax decrease for homeowners with utilities such as water and sewer and a 0.27-percent tax increase for homeowners without those utilities.
The property tax bill for the typical homeowner with a $10,000 assessed value with utilities is $2,337.03 – a decrease of $38.53 from 2013. The tax bill, for a homeowner without utilities, would be $1,893.70 which is an increase of $5.16 from 2013.
The expenditures in Grace's proposed budget total $54,337,740, which represents and increase from the 2013 budget due to mandated contributions to the New York State retirement system, increases in health care and workers compensation increases, settlement of expired PBA and CSEA contracts, as well as a variety of capital projects.
"The staff of each department has worked toward keeping expenditures to a minimum without an impact to services or day to day operations," Grace said.
Graces's tentative budget is the first step of the town's budgeting process. Town board members will meet with various department heads on Nov. 14 and Nov. 15 to discuss the tentative budget before adopting a preliminary budget on Nov. 15.
The public hearing has been scheduled for Dec. 11. Town board members have until Dec. 20 to adopt a final 2014 budget.
A copy of the 2014 tentative budget is available on the town's website.
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