PLEASANTVILLE, N.Y. – Pleasantville residents will not see a major tax spike, as the village released a $20.7 million preliminary budget Tuesday that stays within the state-mandated 2 percent tax levy cap.
The 2012-13 budget has a tax levy increase of 2.85 percent which, according to Village Administrator Patti Dwyer, is the maximum allowable tax levy increase under the state mandate due to exemptions and growth rates. The increase would raise property taxes for a resident with a home assessed at the village average by about $106.
Dwyer said the budget does not have any major cuts in services or positions from this year.
“This budget is pretty much status quo,” Dwyer said. “We can’t really pick away what we have without throwing away the whole product.”
Dwyer added that although the village is content with staying within the cap, it has not been an issue for Pleasantville in recent years. However, she said, the cap may have an effect on future expansion for the village.
“It’s been readily achievable. We’ve always been within a few percent,” Dwyer said. “But to be frank, the village has a lot of needs and does want to get involved in a lot of capital planning, so the tax cap is going to challenge our way of thinking and getting things done.”
A public hearing on the preliminary budget will be held at 8 p.m. April 9 at Village Hall. In the meantime, the village Board of Trustees may make modifications to the budget before the public hearing. The final budget must be adopted by May 1.
The presentation of the preliminary budget comes the day after residents voted in new village board member Colleen Griffin Wagner. Incumbent Jonathan Cunningham retained his seat in the election for a fourth consecutive term.