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Annual Budget, Tax Levy, and Water Fund Budget

2026last touched · 44 source resolutions
↑Village/Rules/Policies/Adopted/annual_budget_and_tax
Resolutions adopting the village's general, water, sewer, and garbage fund budgets for each fiscal year including mid-year adjustments, tax levy warrants, and property tax cap override local laws.
Synthesis written as-of 2026-07-31. A time-bounded clause in this rule expires on 2027-05-31
In force, by year of last update
2026this year
2026-2027 General Fund Budget
The General Fund budget for fiscal year 2026-2027 is adopted at $2,652,305.50, within the NYS Comptroller Formula for the tax cap. The Treasurer is authorized to proceed accordingly.[42]
2026-2027 Water Fund Budget
The Water Fund budget for fiscal year 2026-2027 is adopted at $598,100. The Treasurer is authorized to proceed accordingly.[42]
2026-2027 Sewer Fund Budget
The Sewer Fund budget for fiscal year 2026-2027 is adopted at $451,490. The Treasurer is authorized to proceed accordingly.[43]
2026-2027 Tax Rate
The property tax rate for fiscal year commencing June 1, 2026 is fixed at $4.441892 per $1,000 of assessed valuation. The total tax levy is set at $1,465,214, based on a total assessed valuation of $329,291,070.[44]
2026-2027 Tax Collection Schedule — No-Penalty Period
Taxes for fiscal year commencing June 1, 2026 are collected without additional charge between June 1 and July 1, 2026. The Village Clerk is authorized and directed to receive and collect such sums.[44]
2026-2027 Tax Penalty — 5% (July)
Between July 2 and July 31, 2026, any unpaid taxes are collected with an additional charge of 5% as penalty.[44]
2026-2027 Tax Penalty — 6% (August)
Between August 1 and August 31, 2026, any unpaid taxes are collected with an additional charge of 6% as penalty.[44]
2026-2027 Tax Penalty — 7% (September)
Between September 1 and September 30, 2026, any unpaid taxes are collected with an additional charge of 7% as penalty.[44]
2026-2027 Tax Penalty — 8% (October–November)
Between October 1 and November 2, 2026, any unpaid taxes are collected with an additional charge of 8% as penalty.[44]
Tax Roll and Warrant Delivery Deadline
The Village Clerk shall deliver the tax roll and warrant to the Village Treasurer on or before June 1, 2026. In November 2026, the Treasurer shall deliver to the Board of Trustees an account of taxes remaining due and unpaid, describing each parcel with unpaid taxes.[44]
Supplemental Tax Levy Authority
The Village Treasurer, with information provided by the Town Assessor, is authorized to levy and collect additional Village taxes upon termination of exempt status of real property in accordance with Section 494 of the Real Property Tax Law during the fiscal year beginning June 1, 2026.[44]
Mid-Year Budget Adjustment Authority — General, Water & Sewer Funds
The Village Board may amend the General, Water, and Sewer Fund budgets during the fiscal year to reflect current information and expenses, as demonstrated by recurring mid-year adjustment resolutions. The most recent such adjustments were approved on March 9, 2026.[41]
2025
Historian Contractual Account Reclassification
The budget account for Human Relations Committee contractual expenses (A8040.4) is reclassified to A7510.4 – Historian – Contractual, specifically for a contract for historical services valued at $2,000.[39]
2019
Materials Management Fund Integration into General Fund
Effective June 1, 2019, the Materials Management enterprise fund and its checking account were closed out and incorporated into the General Fund. All current controls and audits of cash flow are maintained, with tag sales continuing to support materials management cash flow.[20]
2015
Water Budget Audit Line (F8320.413)
A standing water operating budget line F8320.413 exists for A-133 audit services, established at $12,000, with a corresponding reduction to repair line F83210.47 of $10,482.56. This line is to continue in future budgets.[12]
2012
Police Department Budget Planning Directive
The police department management team is directed to review their budget and submit in writing a plan to operate the police department on $220,000, with potential support from State Police and Dutchess County Sheriff's Department to fill shifts as needed, submitted to the Mayor.[6]
History · superseded or expired
2025
2025-2026 General Fund Budget
Superseded by the 2026-2027 General Fund budget (footnote 42). The 2025-2026 General Fund budget was adopted at $2,432,927, within the NYS tax cap.[39]
2025-2026 Water Fund Budget
Superseded by the 2026-2027 Water Fund budget (footnote 42). The 2025-2026 Water Fund budget was adopted at $593,500.[39]
2025-2026 Sewer Fund Budget
Superseded by the 2026-2027 Sewer Fund budget (footnote 43). The 2025-2026 Sewer Fund budget was adopted at $365,689.[39]
2025-2026 Mid-Year Budget Adjustments
Mid-year adjustments to the General, Water, and Sewer Fund budgets for fiscal year 2025-2026 were approved on October 6, 2025. Superseded by adoption of the 2026-2027 budget.[40]
2024
2024-2025 Tax Rate and Levy
Superseded by the 2026-2027 tax levy (footnote 44). The tax rate for fiscal year commencing June 1, 2024 was fixed at $5.10744 per $1,000 of assessed valuation, with a total levy of $1,401,440 on assessed valuation of $274,226,476.[34]
2024-2025 General Fund Budget
Superseded by the 2025-2026 budget (footnote 39). The 2024-2025 General Fund budget was adopted at $2,249,772, within the NYS tax cap with a reduction in tax rate.[33]
2024-2025 Water Fund Budget
Superseded by the 2025-2026 budget (footnote 39). The 2024-2025 Water Fund budget was adopted at $560,000.[33]
2024-2025 Sewer Fund Budget
Superseded by the 2025-2026 budget (footnote 39). The 2024-2025 Sewer Fund budget was adopted at $345,965.[33]
2024-2025 Mid-Year Budget Adjustments (May 2024)
Expired. Budget adjustments to the General, Water, and Sewer Funds for fiscal year ending 5/31/25 were approved on May 13, 2024, including Fund Balance transfers of $101,600 previously approved for planning, police software, and garbage truck purchase.[35]
2024-2025 Mid-Year Budget Adjustments (August 2024)
Expired. General Fund budget adjustments for fiscal year ending 5/31/25 were approved on August 22, 2024, covering court equipment, police services, insurance, retirement, and workers compensation accounts.[36]
2024-2025 Mid-Year Budget Adjustments (September 2024)
Expired. Revised General Fund budget adjustments for fiscal year ending 5/31/25 were approved on September 9, 2024, correcting account codes and current budget figures including ARPA funding allocation.[37]
2024-2025 Mid-Year Budget Adjustments (November 2024)
Expired. Adjustments to the General, Water, and Sewer Fund budgets were approved on November 4, 2024 to reflect current information and expenses.[38]
2023-2024 Mid-Year Budget Adjustments (March 2024)
Expired. Adjustments to the General, Water, and Sewer Fund budgets for fiscal year 2023-2024 were approved on March 11, 2024 to reflect current revenue and expense information.[32]
2023
2023-2024 General Fund Budget
Superseded by the 2024-2025 budget (footnote 33). The 2023-2024 General Fund budget was adopted at $2,187,320, within the NYS tax cap with a reduction in tax rate.[27]
2023-2024 Water Fund Budget
Superseded by the 2024-2025 budget (footnote 33). The 2023-2024 Water Fund budget was adopted at $556,100.[27]
2023-2024 Sewer Fund Budget
Superseded by the 2024-2025 budget (footnote 33). The 2023-2024 Sewer Fund budget was adopted at $340,965.[27]
2023-2024 Mid-Year Budget Adjustments (September 2023)
Expired. Adjustments to the General, Water, and Sewer Fund budgets were approved on September 11, 2023, including funding for a garbage truck, water infrastructure improvements, and sewer project capital expenses.[28]
2023-2024 Mid-Year Budget Adjustments (September 28, 2023)
Expired. Adjustments to the General, Water, and Sewer Fund budgets were approved on September 28, 2023, including police equipment lease ($3,800), code publisher ($5,500), and sewer engineering for DEC reporting ($6,000).[29]
2023-2024 Mid-Year Budget Adjustments (November 2, 2023)
Expired. Adjustments to the General, Water, and Sewer Fund budgets were approved on November 2, 2023, including State Aid Revenue Sharing reduction (-$18), Interest and Earnings increase (+$1,991.80), and Water tapping fee increase (+$3,000).[30]
2023-2024 Mid-Year Budget Adjustments (November 13, 2023)
Expired. General Fund budget was amended on November 13, 2023 to reallocate $50,000 from Zoning Per Service to Zoning Contractual Expenses and add $5,229 in revenue from sale of equipment.[31]
2022-2023 Mid-Year Budget Adjustments (January 2023)
Expired. General Fund budget was amended on January 9, 2023 including Grants from Local Government revenue ($21,700), Street Maintenance ($4,495), MIG Language Access Grant provision ($21,700), and Workers Compensation ($16,905).[26]
2022
2022-2023 General Fund Budget
Superseded by the 2023-2024 budget (footnote 27). The 2022-2023 General Fund budget was adopted at $2,163,080, within the NYS tax cap with a reduction in tax rate.[23]
2022-2023 Water Fund Budget
Superseded by the 2023-2024 budget (footnote 27). The 2022-2023 Water Fund budget was adopted at $529,600.[23]
2022-2023 Sewer Fund Budget
Superseded by the 2023-2024 budget (footnote 27). The 2022-2023 Sewer Fund budget was adopted at $105,800.[23]
2022-2023 Mid-Year Budget Adjustments (June 2022)
Expired. General Fund budget adjustments for 2022-2023 were approved on June 13, 2022, including Unallocated Insurance increase to $49,075, Building per service reduced to $0, Police storage reduced to $1,000, and Buildings Cleaning Services increased to $1,925.[24]
2022-2023 Mid-Year Budget Adjustments (October 2022)
Expired. General Fund and Water Fund budgets were amended on October 27, 2022 to reflect actual costs, newly added services (second school SRO, Tivoli patrols), and corrected allocations.[25]
2021
2021-2022 General Fund Budget
Superseded by the 2022-2023 budget (footnote 23). The 2021-2022 General Fund budget was adopted at $2,201,480, within the NYS tax cap limit of 1.31%.[22]
2021-2022 Water Fund Budget
Superseded by the 2022-2023 budget (footnote 23). The 2021-2022 Water Fund budget was adopted at $553,300.[22]
2021-2022 Sewer Fund Budget
Superseded by the 2022-2023 budget (footnote 23). The 2021-2022 Sewer Fund budget was adopted at $49,500.[22]
2020
2020-2021 General Fund Budget
Superseded by the 2021-2022 budget (footnote 22). The 2020-2021 General Fund budget was adopted at $2,217,960, within the tax cap with a reduced tax rate of $6.25.[21]
2020-2021 Water Fund Budget
Superseded by the 2021-2022 budget (footnote 22). The 2020-2021 Water Fund budget was adopted at $532,300.[21]
2020-2021 Sewer Fund Budget
Superseded by the 2021-2022 budget (footnote 22). The 2020-2021 Sewer Fund budget was adopted at $49,500.[21]
2019
2019-2020 General Fund Budget
Superseded by the 2020-2021 budget (footnote 21). The 2019-2020 General Fund budget was adopted at $2,100,000, incorporating the Materials Management Fund into the General Fund effective June 1, 2019.[20]
2019-2020 Water Fund Budget
Superseded by the 2020-2021 budget (footnote 21). The 2019-2020 Water Fund budget was adopted at $523,000 without line item changes.[20]
2019-2020 Sewer Fund Budget
Superseded by the 2020-2021 budget (footnote 21). The 2019-2020 Sewer Fund budget was adopted at $49,500 without line item changes.[20]
2018
2018-2019 General Fund Budget
Superseded by the 2019-2020 budget (footnote 20). The 2018-2019 General Fund budget was approved with a gross levy of $1,223,580 and a mil rate of $6.13, with specified line-item adjustments.[19]
2018-2019 Water Fund Budget
Superseded by the 2019-2020 budget (footnote 20). The 2018-2019 Water Fund budget was adopted at $522,000 with adjustments to lines 8320.45, 8320.47, 9710.61, and 9710.73.[19]
Tax Cap Override Local Law — FY Commencing June 1, 2017
Expired. Local Law 1-2018 authorized the Village to adopt a budget for the fiscal year commencing June 1, 2017 requiring a real property tax levy in excess of the limit under General Municipal Law §3-c, approved by 60% of the governing body.[18]
2016
Tax Cap Override Authorization — Local Law 1-2016
Expired. Resolution 4-2016 and Local Law 1-2016 were authorized on March 14, 2016 to override the property tax cap for the applicable fiscal year.[13]
2016-2017 General Fund Budget
Superseded by the 2018-2019 budget (footnote 19). The 2016-2017 General Fund budget was approved at $1,847,332 with specified line-item changes including Justice Personnel increase of $19,100 and CHIPS of $52,800.[15]
2016-2017 Water Fund Budget
Superseded by the 2018-2019 budget (footnote 19). The 2016-2017 Water Fund budget was approved at $476,500 with insurance increased to $22,500 and miscellaneous decreased to $6,000.[16]
2016-2017 Garbage Fund Budget
Superseded by subsequent budgets incorporating garbage into the General Fund. The 2016-2017 Garbage Fund budget was approved at $45,000 with no changes from the tentative budget.[17]
2016-2017 Highway Personnel Line Adjustment
Expired. The highway personnel line item (5110.1) was reduced from $96,500 to $94,500 in the 2016-2017 budget.[14]
2015
2015-2016 General Fund Budget
Superseded by the 2016-2017 budget (footnote 15). The 2015-2016 General Fund budget was approved at $1,841,943 with a tax rate of $6.17 per thousand.[11]
2015-2016 Water Fund Budget
Superseded by the 2016-2017 budget (footnote 16). The 2015-2016 Water Fund budget was approved at $430,300.[11]
2015-2016 Garbage Fund Budget
Superseded by the 2016-2017 budget (footnote 17). The 2015-2016 Garbage Fund budget was approved at $45,000.[11]
2012
2012-2013 General Fund Budget
Superseded by subsequent budgets. The 2012-2013 General Fund budget was approved with a 7.21% tax increase, including revised income and expense line items.[7][10]
2012-2013 Water Fund Budget
Superseded by subsequent budgets. The 2012-2013 Water Fund budget was accepted at $338,400.[8]
2012-2013 Garbage Fund Budget
Superseded by subsequent budgets. The 2012-2013 Garbage Fund budget was approved at $55,000, a reduction from the prior year.[9][10]
2011
2011-2012 General Fund Budget and Tax Rate
Superseded by the 2012-2013 budget (footnote 7). The Village tax rate was increased to $5.44, representing a levy increase of 4.94%, with the General Fund budget accepted as presented.[3]
2011-2012 Water Fund Budget
Superseded by the 2012-2013 budget (footnote 8). The Water Fund budget was accepted at $292,300.00.[4]
2011-2012 Resource Recovery Fund Budget
Superseded by subsequent budgets. The Resource Recovery Fund budget was accepted at $65,000.00.[5]
2010
2010-2011 Budget and Tax Rate
Superseded by the 2011-2012 budget (footnote 3). The 2010-2011 budget was accepted with a tax rate of 4.90, an increase of 5.89%, providing $990,583 in tax revenue.[2]
2008
2008-2009 Budget and Tax Rate
Superseded by the 2010-2011 budget (footnote 2). The 2008-2009 budget was approved with a tax rate of $4.40 per thousand, with General Fund at $1,549,455, Water Fund at $285,525, and Garbage Fund at $75,000.[1]
Source resolutions
  1. [1]2008-04-21Approve 2008-2009 village budget
  2. [2]2010-04-22Accept 2010/2011 budget and tax rate
  3. [3]2011-04-29General Fund budget adoption
  4. [4]2011-04-29Water Fund budget adoption
  5. [5]2011-04-29Resource Recovery Fund budget adoption
  6. [6]2012-03-29Police Department Budget Review and Restructuring
  7. [7]2012-04-25General Fund Budget Approval FY 2012-2013
  8. [8]2012-04-25Water Budget Acceptance FY 2012-2013
  9. [9]2012-04-25Garbage Budget Approval FY 2012-2013
  10. [10]2012-07-19Budget Adjustments for 2012-2013 General and Garbage Budgets
  11. [11]2015-04-292015-2016 Annual Budgets Approval
  12. [12]2015-12-14Water Budget Amendment for A-133 Audit
  13. [13]2016-03-14Tax Cap Override Authorization
  14. [14]2016-03-312016-2017 budget adjustment highway personnel
  15. [15]2016-04-282016-2017 General Fund Budget Approval
  16. [16]2016-04-282016-2017 Water Fund Budget Approval
  17. [17]2016-04-282016-2017 Garbage Fund Budget Approval
  18. [18]2018-01-08A local law authorizing a property tax levy in excess of the limit established in General Municipal Law §3-c
  19. [19]2018-04-19Approve Final Budget with Line Item Adjustments
  20. [20]2019-04-18Adopt 2019-2020 Budget
  21. [21]2020-04-16ADOPT 2020-2021 BUDGET
  22. [22]2021-04-12ADOPT 2021-2022 BUDGET
  23. [23]2022-04-11Adopt 2022-2023 Budget
  24. [24]2022-06-132022-2023 General Fund budget adjustments
  25. [25]2022-10-27RESOLUTION FOR BUDGET ADJUSTMENTS TO VILLAGE GENERAL FUND & WATER FUND
  26. [26]2023-01-09RESOLUTION FOR BUDGET ADJUSTMENTS TO VILLAGE GENERAL FUND
  27. [27]2023-04-10RESOLUTION TO ADOPT 2023-2024 BUDGET
  28. [28]2023-09-11Resolution for Budget Adjustments to Village General, Water, & Sewer Funds
  29. [29]2023-09-28RESOLUTION FOR BUDGET ADJUSTMENTS TO VILLAGE GENERAL, WATER, & SEWER FUNDS
  30. [30]2023-11-02RESOLUTION FOR BUDGET ADJUSTMENTS TO VILLAGE GENERAL, WATER, & SEWER FUNDS
  31. [31]2023-11-13RESOLUTION FOR BUDGET ADJUSTMENTS TO VILLAGE GENERAL, WATER, & SEWER FUNDS
  32. [32]2024-03-11RESOLUTION FOR BUDGET ADJUSTMENTS TO VILLAGE GENERAL, WATER & SEWER FUNDS
  33. [33]2024-04-08RESOLUTION TO ADOPT 2024-2025 BUDGET
  34. [34]2024-05-13Resolution Authorizing the Tax Levy and Warrant for Fiscal Year 2024-2025
  35. [35]2024-05-13Resolution for Budget Adjustments to Village General, Water & Sewer Funds
  36. [36]2024-08-22RESOLUTION FOR BUDGET ADJUSTMENTS TO VILLAGE GENERAL FUND
  37. [37]2024-09-09REVISED RESOLUTION FOR BUDGET ADJUSTMENTS TO VILLAGE GENERAL FUND FOR FISCAL YEAR ENDING 5/31/25
  38. [38]2024-11-04Resolution for Budget Adjustments to Village General, Water, & Sewer Funds
  39. [39]2025-04-24RESOLUTION TO ADOPT 2025-2026 BUDGET
  40. [40]2025-10-06RESOLUTION FOR BUDGET ADJUSTMENTS TO VILLAGE GENERAL, WATER, & SEWER FUNDS
  41. [41]2026-03-09RESOLUTION FOR BUDGET ADJUSTMENTS TO VILLAGE GENERAL, WATER, SEWER FUNDS
  42. [42]2026-04-13Resolution to Adopt 2026-2027 Budget (General & Water)
  43. [43]2026-04-27Resolution to Adopt 2026–2027 Sewer Budget
  44. [44]2026-05-11Resolution Authorizing the Tax Levy and Warrant for Fiscal Year 2026-2027

Synthesized from the chronological history of these resolutions. Each clause shows the year it was last established or amended. The text is a reading aid — for legal force, consult the source resolutions and the Village Code.