By Matthew Saari

In an effort to keep the tax rate flat, the Whitehall Village Board has decided to dip into the fund balance for some of the new budget’s funding.

Mayor Phil Smith

The board met Tuesday night and debated for nearly 90 minutes different avenues which would allow them to pay the village’s bills but not increase the financial burden of the taxpayer.

The end result is a budget of $1,891,327.36 which they presented to the public.

“I don’t think we can cut anymore,” said trustee Teresa Austin.

This proposed budget represents an increase of nearly 13 percent over the current year, so to counteract this Mayor Phil Smith presented a binary choice to trustees – make more cuts or draw upon the fund balance.

“We need to either cut $197,000 out of the budget or we have to borrow it from the fund balance,” Smith said, adding that doing so would get the village to the state-imposed two percent tax cap; if officials wanted to keep the tax levy flat, they would need to borrow more – to the tune of $230,706.

Comments

comments

Read more in this week's Times in newsstands now or click here to read right now with our e-edition.

Tags: , , , , , , , ,

518 Wheels – 08/16/18

518 Wheels 8_17_18.pdf-web.pdf

Helping hands extended; Manchester Wood mum

manchester wood building mug

By Krystle S. Morey   After hearing the news of Manchester Wood’s impending closing, local officials extended helping hands to […]

Granville Hooks absorbed by Engine Co.

hook2

By Krystle S. Morey Granville’s Hook & Ladder Company is no more. As of last Thursday, the 115-year-old volunteer fire […]

Local mayors discuss cost-savings measures

POLICE CONSOLIDATION BANNER

By Matthew Saari The ever-increasing costs of government have local officials putting their heads together in an effort to save […]

County Fair starts Monday

fair ride

By Matthew Saari Holy smokes! It’s fair time! One of the most popular county fairs is just a stone’s throw […]

Lakes Region Freepress – 08/10/18

lakes_8_10_18.pdf-web.pdf

North Country Freepress – 08/10/18

freepress 8-10-18.pdf-web.pdf

518 Wheels – 08/09/18

518 Wheels 8-10-18.pdf-web.pdf

Manchester Wood closes after 42 years

manchester wood building mug

By Krystle S. Morey After 42 years of manufacturing solid wood furniture, Manchester Wood announced last week that it would […]

Amtrak derails Toys for Tots tradition

DSC_0675

By Matthew Saari One of Whitehall’s most cherished holiday traditions may be at an end. Amtrak announced last week that […]

Whitehall coach accepted into Hall of Fame

gilligan award

By Matthew Saari Legendary Whitehall football coach Ambrose Gilligan has been memorialized among the region’s greatest football icons. The Capital […]

County tax auction nets record sum

auction

By Matthew Saari Washington County netted $757,450.65 in this year’s tax sale auction – a record sum. “This would be […]