Share this article

print logo

Village adopts budget for next year

The Williamsville Village Board adopted a 2015-16 budget on Monday that will decrease village taxes slightly.

The budget of $3,461,556 is actually up by 1.3 percent from this year’s spending, but the village will keep down taxes with the help of higher revenue projections, additional reserves and a modest rise in the village tax base.

Meanwhile, the tax levy – the amount raised in taxes – will decrease by less than a half percent. The tax rate also would go down to $4.49 per $1,000 of assessed valuation, a drop of 3 cents per $1,000.

In other words, a Williamsville homeowner with a house assessed at $150,000 would save about $4.50 on the village tax bill.

The new budget year begins June 1.

Story topics:

There are no comments - be the first to comment