LOCKPORT – The Common Council will hold a public hearing at 5:30 p.m. Monday, Nov. 21 in City Hall on allowing the city to exceed the state-mandated property tax cap for the third consecutive year.
Because Lockport city officials neglected to schedule this sooner, the council's vote to adopt a 2017 budget also will be delayed until the night of the tax cap hearing.
Barring any last-minute changes, the spending plan will include an increase of 2.49 percent in the tax levy, which is the amount to be collected in taxes. The tax cap for Lockport this year is 0.6 percent.
The $24.2 million budget would increase the tax bill on a house assessed at $85,000 by about $42. It increases spending by about 3 percent and includes four new police officers and four new firefighters, although a federal grant will pay for the firefighters.