TWN OF NIAGARA – A tentative 2017 town budget that imposes minimal property tax increases and falls just under the state tax cap was presented by Supervisor Lee Wallace to the Town Board Wednesday.
The $8,746,981 spending plan is an increase of $31,996 from the current budget.
The increased spending would result in a property tax hikes of 27 cents per $1,000 of assessed valuation for homestead properties and 12 cents per $1,000 for non-homestead. Both hikes are lower than property tax increases imposed this year.
Wallace said the increase falls $121 below the state’s tax cap for 2017 of 0.6 percent.
The supervisor said he was able to hold the line on spending, meeting his “pledge to never go over the cap.” In addition, he said, no services or jobs were cut.
“I’m fairly happy at the way it turned out at this point in time,” Wallace said.
About $310,367 was trimmed from department budget requests, he sadi, including general fund ($135,974), sewer ($85,429), highway ($45,198), fire ($30,000), water ($10,766) and lighting ($3,000).
Budget discussions with the board are scheduled for 6:30 p.m. Monday, Tuesday and Oct. 17 in Town Hall, 7105 Lockport Road.