Wednesday, December 4, 2024 | St. Lawrence County, NY
BY PAUL MITCHELLNorth Country This WeekCANTON – The Canton Town Board is expected to adopt a 2025 town budget that will see a 20-cent per $1,000 assessed value increase in the tax rate at its monthly board meeting on Nov. 13.
A …
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BY PAUL MITCHELLNorth Country This WeekCANTON – The Canton Town Board is expected to adopt a 2025 town budget that will see a 20-cent per $1,000 assessed value increase in the tax rate at its monthly board meeting on Nov. 13.
A public hearing on the spending plan was held Monday night with no public comment.
According to Town Supervisor Mary Ann Ashley, the projected preliminary spending plan is $4,042,094.84, garnering a difference of $247,957.80 increase in spending.
The 2024 tax rate is currently $2.95/$1000 which raised $1,144,127 in property taxes.
“We stayed within the tax cap for 2024. It is proposed to increase the tax rate to $3.15/$1000, raising $1,283,626 in property taxes. This is a 20-cent/1000 increase adding a total increase of $61,125 additional monies. We will go over the tax cap,” noted Ashley.
The Town property valuation went from $403,163,233 to $407,500,325. An increase in valuation of properties of $4,337,092.
“The reality of the 2025 Budget is that we need to override the tax cap. This is due to the rising operating and health insurance costs, contractual obligations, unexpected costs of the Miner Street Road Project, Solar Pilot and Host Community agreements, the negative impact of the Debbie Storm, usage of fund balance, and the Town doing a full Revaluation of all town properties by contracting with GAR Associates,” said Ashley in an earlier North Country This Week article.
The proposed base salaries of elected town officials are $22,500 for supervisor; $6,244.71 for four council members; $71,719.26 for highway superintendent; $48,976.22 for town clerk; and $33,537.18 for two town justices.
