RESOLUTION TO ADOPT 2024-2025 BUDGET

Resolution #9-2024 — 2024-04-08

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 areas: General Fund; Water Fund, and Sewer Fund

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 $2,249,772
• the water fund budget and the sewer fund budget will remain as listed in the tentative budgets, water at $560,000, and sewer at $345,965
• those general fund, water fund, and sewer fund budgets are hereby adopted with the Treasurer to be fully advised and authorized to proceed accordingly