By Thad Komorowski
TOWN OF NIAGARA – Town residents will see their property taxes increase slightly under the 2017 budget the Town Board approved last week.
Supervisor Lee Wallace said the town's tax levy - the total amount to be raised from taxes - will be $1,972,696, an increase of $31,880 over 2016.
Residents' tax bills will increase 27 cents per $1,000 of assessed valuation for homestead properties and 11 cents per $1,000 for non-homestead, he said. That would result in a $27 tax hike on a $100,000 home or an $11 tax hike on a non-homestead property assessed at $100,000.
Included in the 2017 budget is a 2 percent pay increase for the town's union employees, elected officials and non-union workers. Wallace said the elected officials and town workers had not received a salary increase for a number of years.
Wallace noted that the tax levy is $237 below the state tax cap. The cap was set at 0.6 percent for Newfane.
The board unanimously approved the $8.7 million budget on Nov. 2 following a brief public hearing. Wallace’s proposed budget was modified during three work sessions in October.