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Home Ports and Shipping

Port Henry budget drops taxes

byCT Report
04/04/2016
in Ports and Shipping
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PORT HENRY: The new Port Henry village budget has some good news for taxpayers: Taxes are headed downward. The amount to be raised by taxes in the tentative 2016-17 village budget is a 1.49 percent reduction over the current spending plan, decreasing from $577,394 in 2015-16 to $568,766. That translates to a 4.7-cent drop in the tax rate, from $11.78 per $1,000 of assessed value to $11.73.

The adjusted state tax cap for the village is about a 1 percent increase, village budget consultant Janelle Jurkiewicz said, and the new budget is well below that.

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“We’re on the other side of that (cap),” Village Deputy Mayor Matthew Brassard said. “It’s a great budget.” The Village Board accepted the budget at a special meeting Wednesday morning, with Mayor Ernest Guerin absent. The public hearing on the budget is set for 7 p.m. Monday, April 18, in the Village Hall.

The board will meet after the hearing to make any changes to the budget and vote on passage. Total appropriations in the budget are $1.7 million, including state aid and water and sewer accounts.

Water rates are increasing by 10 percent, Jurkiewicz said at the special meeting. “(Otherwise) we’re going to have a shortfall,” she said. “This brings us back up.” However, semi-annual sewer rates are dropping by $10 and sewer system debt service by $5, so there should be an average net decrease of about $13 on combined water-sewer bills, Brassard said.

The only users with an increase will be water-sewer family-rate customers, he said, who should see a $3 rise in their semi-annual bills. The combined semi-annual water-sewer rate is now $371.65.

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