Quantcast

New Scotland’s $7.16M budget within tax cap

Town Board adopts spending plan raising taxes 1.7 percent, reserves tapped for $334k

— Dolin said the town is exploring if there is grant funding is available to help offset the increased cost to the town through consolidation of the courts.

“We think there is some money for this,” he said. “Most of the monies are for studies and planning, but we are actually doing it.”

Town homeowners bear a significant portion of the tax burden at 95 percent, with commercial or industrial property owners covering the remaining amount.

There is approximately $794 million of assessed residential property in the town, and there is more assessed value of vacant land ($39.4 million) than there is of commercial ($33.4 million). The town’s taxable value of land totals $885 million between 4,161 parcels.

Dolin said town officials are interested in trying to bolster its commercial sector.

“We are very interested in some new commercial development,” Dolin said. “We are competing with the new Vista commercial development. We are a participant in that at the very rear, so they might not get to us for a few years.”

New Scotland Democrats have touted blocking “big box” development, and the town recently reduced the amount of industrial zoned parcels. Dolin previously said if the town did get “heavy into retail,” it would likely be forced to provide its own law enforcement. The Albany County Sheriff’s Department provides police coverage for the town. Local municipalities typically see police department costs as its most expensive department.

To view New Scotland’s 2014 Adopted Budget visit our blog post "New Scotland 2014 Adopted Budget."

0
Vote on this Story by clicking on the Icon

Comments

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

Blog entries

New Scotland 2014 Adopted Budget by jpurcell 9 months, 3 weeks ago

Sign in to comment