Public shares budget views

Comptroller Judith Kehoe updated the board with the latest budget information after two workshop sessions. Sales tax revenue estimates for 2006 are now projected at $9.61 million.

"That's up $250,000 from original budget estimates and ahead of what we budgeted," said Kehoe.

Mortage tax revenues are slightly down but not as much as originally projected.

"Mortgage tax revenues will be coming in around $1.4 million," said Kehoe.

That figure is $100,000 short of budget estimates. The biggest impact to the 2007 proposed budget is the $190,000 savings due to Albany County's restructuring of election costs to be charged back to the town.

"That was the best news we had in the entire budget process," said Kehoe.

Full time equivalent employees for the town in 2007 will total 243.5, down five full time people from 2006's work force. Most of the employee reduction is in the town Highway Department, which dropped from 60 to 56 employees.

"One of the reasons I gave up positions in my department was to ensure the existing staff received a raise," said highway department Director Gregg Sagendorph.

No other budget workshops are scheduled. Wednesday, Nov. 8, is the tentative date for the town budget adoption.""

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