ADOPT 2021-2022 BUDGET
Resolution #9-2021 — 2021-04-12
WHEREAS
- THE VILLAGE BOARD HAS RECEIVED AND REVIEWED THE TENTATIVE BUDGET AND HELD A PUBLIC HEARING ON APRIL 12, 2021
- FUNDING LINES AND EXPENSE LINES HAVE BEEN DEVELOPED, REVIEWED AND ESTABLISHED IN BOARD WORKSHOP MEETINGS AND THE PUBLIC HEARING TO REFLECT GOALS OF THE VILLAGE, ITS INCOME PROJECTIONS AND EXPENSES FROM TRENDING AND HISTORY
- SINCE THE PRESENTATION OF THE TENTATIVE BUDGET THE FEDERAL GOVERNMENT ADOPTED THE AMERICAN RESCUE PLAN WITH IMPLICATIONS AND REVENUE THAT ARE NOT POSSIBLE TO TREND OR ESTABLISH AT THIS POINT IN TIME
- THESE DEVELOPMENTS MAY REQUIRE FORMAL EDITS TO THE BUDGET AND OPERATIONS IN THE NEXT FISCAL YEAR BUT IN ACCORD WITH THE PARAMETERS OF THE ARP'S INTENTIONS
- 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 TAX CAP LIMIT OF 1.31%. THE GENERAL FUND BUDGET WILL BE $2,201,480.00
- THE WATER FUND BUDGET IS $553,300.00 AND THE SEWER FUND BUDGET IS $49,500.00
- THOSE GENERAL FUND, WATER FUND AND SEWER FUND BUDGETS ARE HEREBY ADOPTED WITH THE MAYOR AND TREASURER TO BE FULLY AUTHORIZED TO PROCEED ACCORDINGLY BY COORDINATING ROLL AND WARRANT PROCESSES ALONG WITH TRANSMITTAL TO THE COUNTY FOR PRINTING