BY JIM AUSTIN
COOPERSTOWN CRIER
The village tax rate will rise by approximately 14
cents to $4.77, according to the tentative budget for
the coming year. The increase is a little more than
three percent.
The tax levy, or amount to be raised through
property taxes, will increase by slightly more than
$68,000 to a total of $1.75 million dollars.
General fund spending is up by $150,000. General
fund appropriations will total almost $3.25 million
dollars. The general fund accounts for 58 percent of
the total budget.
The top categories of general fund spending
include: employee benefits, which account for 19.57
percent of spending, police at $383,000 make up
11.81 percent, and because of a planned purchase
of a new $150,000 sweeper, street cleaning comes at
5.16 percent.
The total of all spending _ including the water,
sewer, trolley and library funds will top $5.66 million
dollars, an increase of approximately
$337,000.
Village Treasurer Mary Ann
Henderson estimates the
village will have almost
$725,000 in surplus funds at
the end of the fiscal year on
May 31. The board of trustees
plans to apply $235,000 of
the surplus against the tax
levy. Without the application
of the surplus funds, the tax
rate would have climbed by
approximately 64 cents.
Henderson said the surplus
figure was generated on
March 10 and will change
when it is computed again
in April.
Village spending is on
track with the current year’s
budget.
``We are three-fourths of
the way through our year
and 80 percent through the
budget,’’ Henderson said.
Deputy Mayor Jeff Katz,
who chairs the finance
committee, said the board
wanted as minimal a tax
increase as possible for the
tentative budget without
dipping too deeply into the
surplus. Katz believes they
reached that goal with a
three percent increase.
``I think the budget was
good balance. I think we
did a good job,’’ he said.
``We wanted to get out
something that wasn’t too
far from where we wanted
to be.’’
Katz said that compared
to some of the increases he
has seen in other municipal
and school district budgets,
the village is in good shape.
``I think we are in good financial
standing, but I’d like
to see increased revenues,’’
he said.
The proposed budget is
still subject to modification
before it is adopted by the
board of trustees in late
April.
inactive
March 25, 2010
New village budget calls for 3 percent hike in tax rate
- inactive
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Ruth Rathbun Druse
RICHFIELD SPRINGS -- Friends and family of Ruth Druse are invited to a service of the Burial Office and Holy Communion at St. John's Episcopal Church, Main Street, Richfield Springs. The service will take place at 10 a.m. Saturday, May 18, 2013, and will be officiated by the Rev. John Bartle.
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Milford softball clinches TV-East tie
Five players had extra-base hits for host Milford, which overcame an early 3-0 deficit to clinch at least a tie for the Tri-Valley League East Division title with a 6-4 win over Worcester on Monday.
- Ann Catharine Casey NISKAYUNA -- A Memorial Service in Celebration of the Life of Ann Catharine Casey will be offered at 2 o'clock on Saturday afternoon, 11 May 2013, in Christ Church, Cooperstown, with the Rev'd Mark A. Michael, rector, officiating. The Committal Service and inurnment will follow in the Ecumenical Columbarium in the Church-yard at Christ Church.
- Elizabeth Jane Hathaway McManus FLY CREEK -- Mrs. Elizabeth Jane Hathaway McManus, age 80, passed away Saturday morning, April 27, 2013, at Otsego Manor.
- Theodore E. 'Ted' Lamb COOPERSTOWN -- Theodore E. "Ted" Lamb, a native of Cooperstown who will be remembered for his faithful devotion to his beloved village, died Friday morning, April 26, 2013, at his home on Linden Avenue. The husband of Celia B. Lamb, Ted was 80 years-old.
- Police: CV-S student made bomb threat A bomb threat overheard Tuesday morning by a student at Cherry Valley-Springfield Central School District led to the building being cleared and searched by state police starting at 9:30 a.m., state police at Richfield Springs said.
- Julius Earll Waller (Jerry) CHERRY VALLEY -- Julius Earll Waller (Jerry), 96, died peacefully March 27, 2013, at Bassett Hospital in Cooperstown, his family at his side.
- Milford Earth Fest becoming regional event
- Sports Roundup
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Defense, hitting strengths for Wildcats
The girls have not played a game yet, but the Milford softball team already has a lot going for itself.
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