7 Year Budget Analysis (2020-2026) OVERALL TOWN BUDGET
2020
2021
2022
2023
2024
2025
Proposed 2026
Total Expenditures (Millions)
$
33.54
$
35.30
$
35.86
$
37.95
$
42.42
$
47.72
$ 51.47
Tax Levy (Millions)
$
19.00
$
19.56
$
20.21
$
20.84
$
21.49
$
22.21
$ 22.91
Tax Levy as % of Total expenditures
57%
55%
56%
55%
51%
47%
45%
Tax Levy Increase Year over Year
3.17%
2.98%
3.35%
3.08%
3.15%
3.34%
3.14%
YES
YES
YES
2024
2025
Proposed 2026
Stayed UNDER NYS Tax Cap Calc
YES
YES
YES
YES
AVERAGE HOMEOWNER TOWN TAX BILL 2020
2021
2022
2023
Tax Rate Per $1,000 Assessed
$
5.21
$
5.30
$
5.43
$
5.30
$
5.06
$
5.39
$
5.53
Sewer EDU Charge (O&M and Capital)
$
187
$
192
$
191
$
232
$
297
$
253
$
259
Annual Town Tax Bill
$
927
$
943
$
967
$
943
$
901
$
959
$
984
TOTAL Town Tax bill Including Sewer EDU
$
1,114
$
1,135
$
1,158
$
1,175
$
1,198
$
1,212
$
21
$
22
$
18
$
22
$
15
Average $178,000 Assessed Home Outside of Village
Average assessed home year over year $$ increase Average assessed home year over year % increase Total Unrestricted Fund Balance - Except Capital Fund
$ 16,827,455
1.89%
1.94%
1.55%
1.87%
$ 19,648,099
$ 24,725,316
$ 30,097,275
$ 33,709,079
$ 1,243 $
31
1.25%
2.56%
N/A
N/A