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Proposed tax increase in City of Lockport budget matches cap

The proposed 2018 City of Lockport budget, released Thursday, carries a tax levy increase exactly equal to the tax cap for the city: 1.84 percent.

Director of Finance Scott A. Schrader said the tax rate would rise 28 cents, to $17.70 per $1,000 of assessed valuation. That's equal to a $28 increase on the tax bill for a house assessed at $100,000. However, Schrader said there will be no increases in water, sewer or refuse charges for the second consecutive year.

Schrader said spending of almost $24.7 million represents a 2.28 percent increase, primarily because of negotiated wage increases for police and firefighters.

Before the Common Council votes Nov. 15, the budget must be approved by the State Comptroller's Office, under terms of an emergency fiscal bailout Lockport received in 2013.


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