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General News: Village Adopts Smaller Budget

January 17, 2012

The village of Cornwall-on-Hudson adopted a new budget Monday evening that will increase the local tax levy by 1.3 percent. That’s .7 percent below the 2 percent cap imposed on all municipal governments by the state of New York last year.

The village board approved the budget by a vote of 3 to 2. Trustees Andrew Argenio and Barbara Gosda voted against it.

The $3.4 million budget is actually half a million dollars smaller than the current budget. Mayor Coyne said that he removed a $220,000 grant from the Federal Emergency Management Agency that has not been spent in several years. Other spending was trimmed from the budget for a treasurer’s salary and for salaries and benefits in the police department.



Comments:

The actual tax increase is 2.85% dispite the reduction in spending


posted by Andrew Argenio on 01/17/12 at 3:32 PM

I voted no because profits and surpluses from last year were not included in this budget. About $305000 in water profits and about $145000 in general fund surpluses.


posted by Andrew Argenio on 01/17/12 at 4:45 PM

Here is some video of the meeting
http://www.youtube.com/watch?list=UUe-hHD2zchxEgzc3AF0aaNQ&v=Guq2BZmzzWs&feature=player_detailpage


posted by Andrew Argenio on 01/18/12 at 8:49 AM

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