Press-Republican

Friday

November 1, 2013

Crown Point budget under tax cap

CROWN POINT — Crown Point Supervisor Charles Harrington says the levy for the tentative town budget is below the state cap following the final budget workshop.

Minus any special districts, the tax levy is $893,458, up from $877,115 last time.

That means the tentative budget is $16,343 higher than this year, with a 1.86 percent increase in the tax levy, which is under the 2.13 percent maximum allowed under Crown Point’s state tax cap formula.

The public hearing on the tentative budget is at 6 p.m. Wednesday, Nov. 6, at the Town Hall.

Altogether, the budget would raise $1.09 million from property taxes that include Crown Point Fire District, an increase of $1.07 million last time.

Appropriations in the proposed 2014 budget are $1.8 million, up from $1.84 million this year.

The tax rate, excluding the Town Water District, would be $7.37 per $1,000 of assessment, compared with $7.28 this year. In the Water District, the total tax rate is estimated at $9.27, with $9.18 the rate last time.

Harrington said the budget will be finalized after the public hearing, then passed.

“We had another workshop. We will determine the final budget after the public hearing.”

The budget, by state law, can’t be changed until after the public hearing, and Harrington said it will be tweaked then.

“I feel pretty good about our budget,” he said. “There are no cuts, no layoffs. We are as bare bones as we can get.”

The biggest increases in the budget are for wages and fuel, he said.

Employees and elected officials are in the budget for 1.5 percent pay increases, Harrington said.

The tax rate for just the Fire District went up a penny, from $1.40 to $1.41 per $1,000 of assessment.

That levy is up about $4,000 and is set by a Board of Fire Commissioners, not the Town Council.

Email Lohr McKinstry:lmckinstry@pressrepublican.com

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