The Floral Park Board of Trustees presented the village's 2006-07 tentative operating budget of $20,360,609 during a public hearing April 12. The board reserved decision that evening and as of press time, did not yet adopt the budget.
The net amount to be raised by taxes is $16,483,045. This means that the proposed tax rate per $100 of assessed valuation is $8.87, 24 cents more than it was in 2005-06.
Total appropriations resulted in $22,098,573 with $20,360,609 for the General Fund, $1,237,874 for the Library Fund, $475,090 for the Pool Fund and $25,000 for Community Development. Although the swimming pool is contained in the budget, it is self-sustaining and not supported by taxpayer dollars.
| 2005-06 | 2006-07 |
| Appropriation |
| -General Fund | $19,511,584 | $20,360,609 |
| Revenues |
| -General Fund | $2,917,532 | $3,246,000 |
| -Appropriated Fund Balance | $625,098 | $631,564 |
| Amount Raised by Taxes | $15,968,954 | $16,483,045 |
| Assessed Valuation | $185,040,025 | $185,829,140 |
| Tax Rate Per $100 | $8.63 | $8.87 |