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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

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