Village proposes a 5.34% decrease in taxes
The Williamsville Village Board has proposed a 5.34 percent decrease in property taxes from the fiscal 2005-06 budget.
The fiscal 2006-07 budget may have a tax rate of $4.05 per $1,000 of assessed value, which is down from this past year's rate of $4.28 per $1,000 of assessed value.
The total assessed value of the village is approximately $301 million.
Village Trustee Brian Geary said the board "cut costs across the board," so that no specific department took a big hit.
The total proposed budget in the general fund currently stands at roughly $2.7 million.
The proposed estimated revenue is approximately $1.3 million, with an appropriated surplus of $188,000.
The balance to be raised by the tax levy is slightly more than $1.2 million.
"We're trying to help the best we can and set a pace for other municipalities," Geary said. The big-ticket items included road repair, Geary said, noting there should be an increase in road work this year.
"We worked with the DPW (Department of Public Works) to buy equipment down the road, and actually keep to the plan," Geary said. "It will be cost effective."
The village received monies from the government for street projects, water lines and more.
"A lot of little things were decreased based on spending in this year and it adds up to good controls in spending," said Mayor Mary Lowther. "We consolidated and decreased throughout if the funded items had not been spent. Elected officials, once again, took no salary increases, and we refinanced the mill purchase from 5 years to a 15-year bond that we will pay off in 10 years."
The Williamsville Water Mill will not cost the village much money, Geary added.
Additional funding was added to the budget for the mill for general repair, maintenance and update, but the village has received a grant from Sen. Mary Lou Rath, R-Amherst, which will help cover some of the costs.
"I am very pleased with the hard work of the entire board and village staff," Lowther said. "We spend many, many hours working to get this down this year and hope to continue to keep a tight rein on taxes without reducing services to the village."
In other news: the total budget appropriation for the Williamsville Water Fund is currently $881,067. The water rate may be about $4.10 per 1,000 gallons.
The total budget appropriation for the Williamsville Sewer Fund may be roughly $1.3 million.
The sewer rate may be $2.68 per 1,000 gallons for the operational maintenance costs, but the rate may be 69 cents per $1,000 of assessed value for capital charges.
The Glen Park Fund may have a total budget appropriation of $42,282, with an estimated revenue of $36,400.
The Debt Service Fund total budget appropriation may be $541,024, totaling the estimated revenue.
The budget public hearings will be held beginning at 7:35 p.m. Monday, March 27 at Village Hall, 5564 Main St.