Massena village board sets budget hearing date
By ANDY GARDNER
MASSENA -- The Village Board of Trustees voted on Tuesday night to hold a hearing for the 2014-2015 budget on Tuesday, April 1 at 5:30 p.m.
Last month, the board passed a local law allowing them to override the 2-percent tax cap, if need be.Village Treasurer Julie Sharlow said in December that she anticipates a tough budget process because due to a slim fund balance.
According to her in December, the fund balance has about $400,000 left and most of it will likely be used to offset property taxes.
The village spent $527,000 last year to keep taxes down and $520,000 the year before that, according to Sharlow’s statements in December.
The 2013-2014 budget called for a 4.22 percent tax increase over the previous year.
The tax rate was raised to $14.56 per $1,000 of assessed value, meaning the owner of a $50,000 home was charged $728 in taxes and a $100,000 was taxed $1,456.