Written by Joe Scotchie: email@example.com Friday, 13 April 2012 00:00
Year in and year out, local villages and school boards do everything they can to keep spending and taxes under control. But this year, the Village of Roslyn Board of Trustees surpassed even that by approving a budget that reduces both the tax rate and spending.
The 2012-2013 budget, approved at the April 3 meeting, contains a tax rate decrease of 2.02 percent. In addition, it decreases spending by $323,284. Village officials said that most of the savings came from the retirement of an outstanding bond.
All of this happened as the BOT faced a difficult fiscal climate with revenues projected to be down by $54,108. But village officials claimed that any revenue decrease “has been overcome by prudent financial planning and cost cutting measures.”
The 2012-2013 budget contains spending decreases in several departments, including village attorney and village engineer. Sewer maintenance and solid waste Disposal show slight increases.
More specifically, the debt service portion of the budget decreased by $392,266, with $305,000 coming from a serial bond segment and another $110,000.00 from budget notes principal portion. There were increases in a bond anticipation bond segment of the budget.
The total government support budget decreased by $24,229. Savings came, as noted, from the village attorney segment and also from decreases in engineering expenses. Decreases in the transportation budget, similarly, came from the elimination of a foreman’s salary. The public safety budget, meanwhile, saw a small $2,148 increase, thanks to the elimination of a compliance officer position. Increases in public safety came from the fire department budget.
BOT members said they would continue to closely monitor spending “to ensure that every tax dollar is well spent and that every revenue generating mechanism is maximized.”
“It is truly unprecedented in this day and age that a taxpayer is told that his or her taxes are going down,” said Mayor John Durkin. “The board and I are pleased to tell the taxpayers of Roslyn just that—-your taxes are going down. The board and I will continue to make every effort to continue this positive trend.”