Board of Trustees Finalizing 2015-2016 Budget, Public Hearings Slated, Projected Increase Beneath 2% State Tax Cap
I would like my constituents to be aware that for the last two months, together with other members of the Board of Trustees, Treasurer Lilu Li, and help from the Village Manager, I have been working on the Village of Monticello tentative budget.
As of now, the projected tax increase stands at 1.66% for fiscal year 2015-2016. Slight increases are also expected in the water and sewer fees as a result of planned infrastructure upgrades.
Required public hearings will be held on June 2nd and June 16th at 7:00 PM, 2 Pleasant Street, Monticello, New York, preceding the regular meetings of the Board of Trustees. By law, the Final Budget must be adopted by July 1, 2015.
More information will be posted here once the Clerk has certified the Tentative Budget after it has been approved by the Board of Trustees.