Quantcast

Board OKs tax increase

"I'd like to have some support next year to reinvest in some projects," said Messina.

Sales tax revenues ended with an increase of $250,000, but mortgage tax revenues were down $100,000.

"We have at least met our budgeted revenue projections for the year," said Comptroller Judith Kehoe.

Town expenses in 2006 were slightly below what was initially budgeted, and the overall general fund deficit was reduced by $100,000.

"We received a lot of input from staff, department heads and the board, and I am very comfortable with the tax levy increase we reached," Egan said.

The board also announced a federal grant of $105,000 from the Capital District Transportation Committee to construct sidewalks by the Delmar Bypass that would extend from Elsmere all the way to Glenmont. The total cost of the project is $300,000, with $117,000 being paid for through in-kind expenses and another $138,000 funded through the town's capital reserves. The project will begin in the spring of 2007.""

0
Vote on this Story by clicking on the Icon

Comments

Use the comment form below to begin a discussion about this content.

Sign in to comment