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Resolution to Adopt 2024-2025 Budget

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  1. 12022-04-11

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VILLAGE OF RED HOOK RESOLUTION # - 2024 DATED: APRIL 8, 2024

A meeting of the Village of Red Hook was convened in public session at the Village Hall, 7467 South Broadway, Red Hook, NY on April 8, 2024. The meeting was called to order by Mayor Smythe and, upon roll being called, the following were present:

RESOLUTION TO ADOPT 2024-2025 BUDGET.

WHEREAS, the Board of Trustees (Board) has received and reviewed the tentative budget and held a public hearing on same; and

WHEREAS, 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; and

WHEREAS, the Village’s budget has three areas: General Fund; Water Fund, and Sewer Fund;

NOW, THEREFORE, BE IT RESOLVED THAT,

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 $2,252,772.99; and

BE IT FURTHER RESOLVED, 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;

And, those general fund, water fund, and sewer fund budgets are hereby adopted with the Treasurer to be fully advised and authorized to proceed accordingly.

Motion by: Seconded by:

Vote:
Mayor Smythe☐Aye☐Nay☐Abstain☐Recuse☐Absent/Excused
DeputyMayor Kjarval☐Aye☐Nay☐Abstain☐Recuse☐Absent/Excused
Trustee Laing☐Aye☐Nay☐Abstain☐Recuse☐Absent/Excused
Trustee Bradley-Rickard☐Aye☐Nay☐Abstain☐Recuse☐Absent/Excused
Trustee Appenzeller☐Aye☐Nay☐Abstain☐Recuse☐Absent/Excused
Vote Total
ResultMotion:

I hereby attest that the above Resolution was approved by the Board of Trustees at its April 8, 2024 meeting, and that I have been authorized to sign this Resolution by decision of the Board of Trustees

______________________ ____________________ Jennifer Cavanaugh, Clerk Date

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