KEESEVILLE — The Village of Keeseville’s 2014 budget should reduce taxes substantially for residents.
This is the village’s last spending plan before it dissolves at the end of the year.
The proposed $1.06 million budget is way down over the $1.36 million spending plan for 2013-14.
This budget is for only seven months, from June 1 to Dec. 31, since the village is dissolving. A normal budget covers 12 months.
Because parts of the village sit within the towns of Chesterfield and AuSable villagers already pay taxes to one or the other of those entities.
Town budgets for 2015 won’t be finalized until late in the year, so it is not yet know how village acquisition might affect those rates.
The amount to be raised by taxes in the tentative village budget is $282,702, $121,268 less than the current plan’s $403,970.
“It’s a 30 percent drop (in the levy),” Mayor Dale Holderman said. “I’m very happy with the way it came out. We could have done almost the same thing on a full-year budget if we were staying in existence.”
He said he and village officials worked hard to keep spending down as Keeseville heads for dissolution.
The tentative tax rate is down to $5.25 per $1,000 of assessment from the old rate of $7.50.
Village employees and elected officials, except for the mayor, have 5 percent pay increases in the budget.
Holderman said the village got a $50,000 state grant for the administrative costs of dissolution, plus a $40,000 state sewer-system grant that covers an inspection program and a study to plan for future maintenance.
“That helped tremendously,” he said. “They’ve also applied for another $800,000 grant to do sewer-system upgrades.”
The Village of Keeseville will end its existence as a municipality on Dec. 31, voters decided last year, with Chesterfield in Essex County and AuSable in Clinton County taking over village functions and property.