Roslyn Village keeps taxes flat for sixth straight year

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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