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Resolution to Adopt 2024-2025 Budget

1 versions2024-04-08#9-2024inline resolution

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  1. 12024-04-08

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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

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