fbpx
  • Subscribe & Support
  • Sign up for Free Newsletter
  • Print Edition
    • Get Home Delivery
    • Read ePaper Online
    • Newsstand Locations
  • HV1 Magazines
  • Contact
    • Advertise
    • Customer Support
    • Submit A News Tip
    • Where’s My Paper?
  • Manage HV1 Account
  • Free HV1 Trial
  • Movie Night Gift Subscription
Hudson Valley One
  • News
    • Schools
    • Business
    • Sports
    • Crime
    • Politics & Government
  • What’s Happening
    • Calendar Of Events
    • Featured Events
      • Art
      • Books
      • Kids
      • Lifestyle & Wellness
      • Food & Drink
      • Music
      • Nature
      • Stage & Screen
  • Opinions
    • Letters
    • Columns
    • Editorials
  • Local
    • Special Sections
    • Local History
  • Marketplace
    • All Classified Ads
    • Help Wanted
    • Post a Classified Ad
  • Obituaries
  • Podcast
  • Log In
No Result
View All Result
  • News
    • Schools
    • Business
    • Sports
    • Crime
    • Politics & Government
  • What’s Happening
    • Calendar Of Events
    • Featured Events
      • Art
      • Books
      • Kids
      • Lifestyle & Wellness
      • Food & Drink
      • Music
      • Nature
      • Stage & Screen
  • Opinions
    • Letters
    • Columns
    • Editorials
  • Local
    • Special Sections
    • Local History
  • Marketplace
    • All Classified Ads
    • Help Wanted
    • Post a Classified Ad
  • Obituaries
  • Podcast
  • Log In
No Result
View All Result
Hudson Valley One
No Result
View All Result

Woodstock budget proposes modest tax hike

by George Pattison
April 24, 2017
in Uncategorized
0
Jeremy Wilber (photo by Dan Barton)

The tentative town budget for 2013, prepared by Woodstock supervisor Jeremy Wilber, proposes to increase combined spending for the general and highway funds, to which all taxpayers contribute, by about $100,000, which would raise the tax levy for that portion of the ledger by 0.33 percent.

Wilber presented the tentative budget at a special meeting of the Town Board on October 5. The board will review, and may modify, the proposed spending plan as the budget advances from “tentative” to “preliminary” form. The board must adopt a final budget by November 20.

Meanwhile, the tentative budget’s 0.33 percent tax hike falls well below the state’s 2 percent cap on property tax increases. The town’s total taxable value, as cited in the tentative budget, is approximately $1.28 billion. The tax increase in the proposed budget amounts to 8 cents per $1,000 of a property’s assessed value, as compared to the 2012 levy.

Even when budget calculations include the town’s special districts — the water, sewer, lighting, and garden lighting districts, which are funded only by taxpayers who receive their services — the resulting tax increase, 0.37 percent, comfortably complies with the state-mandated cap. The 2012 town budget, adopted by the previous Town Board, increased taxes by more than 6 percent despite steep spending cuts from the previous year. In order to approve the budget, the board passed a local law that overrode the state tax cap.

Public hearings on the proposed budgets for the various special districts will take place beginning at 7 p.m. on Tuesday, October 23, at the Community Center. A public hearing on the overall budget will be held at a later date, when the budget has reached the preliminary stage. The budget can be viewed on the town’s website, woodstockny.org.

 

Budget details

General fund expenditures would total $4.52 million, up about $42,500 from the current year, while appropriations for the highway fund would amount to $1.95 million in 2013, an increase of about $62,000 from 2012. Combined spending for the two funds would thus total approximately $6.47 million, of which $5.08 million—an increase of slightly less than $17,000 from the current year—would be raised through taxes.

Factors contributing to the proposed rise in general fund spending include a two-stage pay raise for town employees and elected officials, whose salaries would increase by 1.5 percent on January 1, 2013, and again, by the same percentage, on July 1 of next year. In a budgetary context, according to Wilber, the full increase of 3 percent does not take effect until the beginning of 2014; consequently, the 2013 budget incorporates a raise of only 2.25 percent. Employees and elected officials have not received a raise since 2010.

The general fund includes an appropriation of $61,000 (up about $27,000 from 2012) for Woodstock’s share of so-called Safety Net costs. The statewide Safety Net program provides welfare-type assistance at the municipal level to residents in need. Woodstock’s contribution will increase in the years ahead, following a shift in the program’s funding structure whereby taxes will be paid directly to the county rather than the local government.

Page 1 of 2
12Next
Tags: 2% tax cap
Join the family! Grab a free month of HV1 from the folks who have brought you substantive local news since 1972. We made it 50 years thanks to support from readers like you. Help us keep real journalism alive.
- Geddy Sveikauskas, Publisher
Previous Post

Gardiner Fire Department will celebrate its 100th anniversary with a parade on Oct. 14

Next Post

Multicultural Education conference focuses on equity and social justice

George Pattison

Related Posts

Molinaro pressed on Social Security cuts during constituent meeting in Saugerties
Politics & Government

Molinaro pressed on Social Security cuts during constituent meeting in Saugerties

March 20, 2023
It Won’t Be This Way Forever at Opus 40
Uncategorized

It Won’t Be This Way Forever at Opus 40

August 11, 2022
The New Paltz Paint Swap keeps old paint out of the landfill and saves money for DIYers
Uncategorized

The New Paltz Paint Swap keeps old paint out of the landfill and saves money for DIYers

July 6, 2022
Letters to the editor (2/23/22)
Uncategorized

Letters to the editor (2/23/22)

March 8, 2022
Halloween was a real treat and at its peak in New Paltz
Uncategorized

Halloween was a real treat and at its peak in New Paltz

November 3, 2021
How Saugerties streets got their names, part II
Uncategorized

Town of Saugerties sets 7 p.m. Halloween curfew

October 28, 2021
Next Post

Multicultural Education conference focuses on equity and social justice

Trending News

  • School “swatting” strikes Kingston High as police issue statewide advisory 1.8k views
  • After months of speculation, Uptown Kingston’s Market Basket reopens for business 1.7k views
  • Students sent to hospital after Rosendale crash involving school bus 1.3k views
  • Best barbecue in the Hudson Valley? Native Arkansawyer brings smoking skills to area’s hottest bars 1.1k views
  • Stony Run deal passes, not everyone is celebrating 1k views
  • Benefit concert for beloved Woodstock musician known for giving back to community 0.9k views

Weather

Kingston
◉
37°
Mostly Cloudy
6:36 am7:22 pm EDT
Feels like: 32°F
Wind: 10mph NW
Humidity: 56%
Pressure: 29.82"Hg
UV index: 0
MonTueWed
61/43°F
63/46°F
59/54°F
Weather forecast Kingston, New York ▸

Subscribe

Independent. Local. Substantive. Subscribe now.

  • Subscribe & Support
  • Sign up for Free Newsletter
  • Print Edition
  • HV1 Magazines
  • Contact
  • Manage HV1 Account
  • Free HV1 Trial
  • Movie Night Gift Subscription

© 2022 Ulster Publishing

No Result
View All Result
  • News
    • Schools
    • Business
    • Sports
    • Crime
    • Politics & Government
  • What’s Happening
    • Calendar Of Events
    • Featured Events
      • Art
      • Books
      • Kids
      • Lifestyle & Wellness
      • Food & Drink
      • Music
      • Nature
      • Stage & Screen
  • Opinions
    • Letters
    • Columns
    • Editorials
  • Local
    • Special Sections
    • Local History
  • Marketplace
    • All Classified Ads
    • Help Wanted
    • Post a Classified Ad
  • Obituaries
  • Podcast
  • Subscribe & Support
  • Contact Us
    • Customer Support
    • Advertise
    • Submit A News Tip
  • Print Edition
    • Read ePaper Online
    • Newsstand Locations
    • Where’s My Paper
  • HV1 Magazines
  • Manage HV1 Account
  • Log In
  • Free HV1 Trial

© 2022 Ulster Publishing