DEFERIET Village officials at their March 6 meeting released the preliminary budget for the fiscal year starting June 1, with a tax rate that would remain unchanged from this year.
The $4,583,065 spending plan includes part two of the $3,913,452 joint water project with Herrings, of which $2.5 million is grant-funded and the difference is paid by a 30-year, interest-free state loan. The budget carries a $235,322 tax levy, or amount to be paid by property taxes, with residents paying $9 per $1,000 of assessed property value, the same as this year. The levy in the 2012-13 budget was $245,497.
A public hearing has been set for 6 p.m. April 3 at the municipal building, 68 Riverside Drive.
Like all the other residents, the trustees and I are all taxpayers in the village and we would like our taxes and water/sewer bills reduced, but we must have enough money to pay the bills, Mayor Janet M. Zando said. The Board of Trustees have worked extremely hard to keep the tax rate from increasing, and we hope to reduce the water/sewer bill. In April, we expect to start the necessary improvements to the water treatment plant, which should help in reducing the electric bill.
Changes in village staffing have enabled the board to cut some costs. The position of deputy clerk was eliminated; however, the clerks hours and annual pay were slightly increased. Zoning Chairman Doug Babcock waived his $1,000 stipend, and medical insurance benefits are paid for only one full-time employee.
The village is receiving $3,600 in revenue for renting out office space at the municipal building.
Treasurer James E. Yuhas said the village was able to retain the $9 tax rate because there still is money in the general fund to complete renovations to the municipal building.
All the money for the renovation was not spent this year and the board rolled over the unexpended money into next years budget, Mr. Yuhas said. He also said there was rolled-over funding for roadwork from the Consolidated Local Street and Highway Improvement Program.