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Adopt 2022-2023 Budget

Meetings/Documents/res::7-2022::2022-04-11::_04112022-326
Inline resolution2022-04-11#7-2022

Adopt 2022-2023 Budget

Resolution #7-2022 — 2022-04-11

WHEREAS

  • the Board of Trustees (Board) has received and reviewed the tentative budget and held a public hearing on same
  • funding lines and expense lines have been developed, reviewed and established in Board Workshop Meetings to reflect income projections and expenses from trending and history
  • the Village's budget has three budget areas: General Fund; Water Budget, and Sewer Budget

RESOLVED

  • The resulting general fund budget will be within the NYS Comptroller Formula for the tax cap and be a reduction in the tax rate. The General Fund budget will be $2,163,080
  • the water fund budget and the sewer fund budget will remain as listed in the tentative budgets, water at $529,600, and sewer at $105,800
  • those general fund, water fund, and sewer fund budgets are hereby adopted with the Treasurer to be fully advised and authorized to proceed accordingly