Wales Town Supervisor Rickey Venditti announced his tentative budget of $1.3 million for 2014 at a special meeting this week. His proposed budget would require a tax levy of $133,270.
The budget for the general fund is $719,199, and the highway fund is $626,428.
There will be no town tax on the general fund portion of the spending plan because of revenues from sales tax, mortgage tax and court revenue. Revenues totaled $790,980, and fund balance is $414,377.
The Highway Fund of $626,428 will require a tax rate of $1.15, up one cent from this year’s rate for each $1,000 of assessment. A new snowplow was purchased with cash saved to replace a 13-year-old plow this year.
Missing from the tentative budget this week are final figures for health insurance, dog control, South Wales fire budget and Waste Management for sanitation, which are expected by the October meeting.
Lighting budget is $8,005, and the amount to be raised by taxes will be $7,300 because of a lack of a fund balance. The tax rate will remain at 6 cents per $1,000 of assessment.
Wales Center Fire Company, which covers a portion of the town, will have a tax rate the same as this year of $2.38 per thousand for those residents. The South Wales Fire District has yet to submit its budget to the town.
The sanitation fee for this year is $162.76 per unit and, according to Venditti, may go up to $176 per unit in 2014 because this year the town fund balance was used to pay some of it.
The town included for the first time an entire year’s cost for the Office of the Aging or Meals on Wheels of $1,000.
Last year, the board gave them $500 at the half-year point.
The proposed budget was presented to board members and is expected to be voted on at their October meeting.