Roslyn Village keeps taxes flat for sixth straight year

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Roslyn Village keeps taxes flat for sixth straight year
Roslyn Village Trustee Marta Genovese is sworn in at the Board of Trustees meeting on Tuesday.

The Village of Roslyn adopted a $5.08 million 2017-18 budget  on Tuesday that keeps the tax levy flat for the sixth straight year, Mayor John Durkin said.

“We were able to bring in a budget at zero tax increase again,” he said.

Most of the revenue to pay for the $5,081,392 budget will come from property taxes, which will account for $3,347,951.

Property tax revenue will come in $68,818.07 below the state-mandated tax cap, according to a village document.

The remaining $1,693,441 in revenue will come from other sources, the document said.

“As a result of permit fees, parking meters and impact fees we were able to hold down taxes,” Durkin said.

The largest expense in the budget is $1,144,429 for debt service payments, which include $210,000 the village will spend on the first installment of a $3.5 million road repair bond for work that began in the 2016-17 fiscal year.

“This year half the roads were done and next year we’ll do the other half of the roads,” Durkin said.

Other major expenses include $609,000 for the Fire Department, $76,100 for street lighting and $37,000 for snow removal.

Addressing Durkin, Trustee Craig Westergard said of property taxes: “You’ve been holding these down and putting a lot of work into it.”

Trustee Marta Genovese, re-elected in March, was sworn in at the end of the meeting.

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