While some villages are struggling with spending plans this year, both Suffern and Nyack passed budgets over the weekend that met the state mandated 1.48 percent tax cap. According to Suffern Village Treasurer Thomas Zordan the 17.14 million dollar spending plan will remain below the cap and work to lower the deficit and will involve placing $100,000 to $249,000 in the sewer fund and $148,000 in the water fund. This plan will allow the village to increase the rates for both sewer and water and will eliminate the water deficit within two years ago and the sewer in four. With the new budget taxes will go up 2.1 percent from this year until next, while the sewer rate goes up 5.1 percent, and water up 3.8 percent. The village’s police buyout for the Public Safety fund, which accounts for 40 percent of the village’s spending, will be going down 1.4 percent, though police will be receiving a 2.5 percent raise. According to Zordan village employees will be receiving a 2.75 percent raise and elected officials will have the same salaries. Early in 2014 the state Comptroller’s office stated that Suffern was one of the most fiscally stressed towns in New York, having a 1.3 million dollar deficit. There will be a public hearing at 7:00 PM tonight at Suffern Village Hall. Nyack’s 5.7 million dollar budget for 2014 and 15 will be discussed at a public hearing at Nyack Village Hall on Thursday at 8:00 PM.
Suffern and Nyack Budgets Remain Under Tax Cap
April 7, 2014 By