Local News

October 31, 2012

Ti budget under tax cap so far



The tentative town budget includes a 14 percent increase in employee health-insurance costs, and a new reserve fund for building maintenance. The fund’s amount will be determined when the budget is closer to finalization.

We have some beautiful, historic buildings,” Malaney said. “We can’t ignore them while they deteriorate. We have to keep them in good shape.”

The town owns the Ticonderoga Community Building, a neo-Georgian structure built in 1927 by town benefactor Horace Moses, and the Heritage Museum, the former International Paper office building across the street, among others.

Malaney said that downsizing, cutbacks and layoffs in previous years have left them with a lean operation.

“It’s (the new budget) looking really good. The department heads were great and stayed as close as they could (to present spending). The tax cap is forcing all of us to do some belt tightening.”

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