PORT HENRY — The new Village of Port Henry budget easily comes in under the 2 percent state tax-levy cap.
The increase in the proposed budget is 1.6 percent, with only $8,570 more to be raised from taxes for 2014-15.
The budget includes $53,426 in new costs for personnel and benefits and a reduction in State Comprehensive Highway Improvement Program money.
The village cut $31,450 by dropping some contractual maintenance expenses and planned equipment purchases.
The public hearing on the proposed budget is at 7 tonight in the Port Henry Village Hall on Main Street.
“I can’t see anybody not being happy with it,” Mayor Ernest Guerin told the Press-Republican. “We worked hard on the budget.”
Water and sewer charges will stay the same for 2014-15 as in the current budget, Guerin said.
The water rate will remain at $61 for debt service and $5.89 per 1,000 gallons, with a $107.50 minimum-usage charge.
Sewer will be $65 for debt service and $125 for a single-family home. Both are six-month rates.
The village budget totals $1.68 million, with water and sewer budgets included.
The amount to be raised by taxes is $536,620, a 1.6 percent increase over the last spending plan’s $528,050.
Village employees, but not elected officials, will get 2.5 percent raises in the budget. The village clerk will receive $1,097 more for increased hours and duties.
The tentative tax rate is $10.77 per $1,000 of assessment, up from $10.64 previously.
For a home assessed at $100,000, that’s a tax increase of about $12 a year, Guerin said.
“That’s not a significant increase. We’re on course.”
The village is starting to receive Federal Emergency Management Agency reimbursement checks for the rebuild of the Village Campground on Lake Champlain. The camping facility was washed out in the 2011 floods caused by Tropical Storm Irene.
Repairs and reconstruction cost $700,000, Guerin said, with FEMA paying 75 percent and the state the rest. The village is paying off a loan it took out to cover the campground project until FEMA and state payments were received.