Written by Marilou Giammona: firstname.lastname@example.org Friday, 27 April 2012 00:00
“I think our budget looks good,” said Deputy Mayor Robert Fabio. “We didn’t have to borrow from fund balance, take on additional debt to fund operations, reduce village services or lay off employees to keep the increase at less than 1 percent,” he added. This is in contrast to neighboring villages, which have had to cut overtime for village employees, deny new hires and propose selling off village assets, such as vehicles.
The board expects to close the 2011-12 fiscal year at or ahead of budget and plans to “carefully monitor expenses and to increase nontax revenue, with the overall objective of complying with the new 2 percent tax cap,” village officials said in a prepared budget presentation statement. The 2 percent tax cap is an initiative that was set forth by Governor Andrew Cuomo to provide relief from rising taxes. The legislature approved the tax cap in June 2011 to limit the annual growth of local property taxes to 2 percent or the rate of inflation.
Stewart Manor’s proposed 0.91 percent increase in the real property tax levy maintains an overall decrease since 2010. There was no change in 2010-11 and a 2.08 percent decrease in 2011-12, yielding a 1.17 percent decrease over the three-year period. The 0.91 percent increase will yield $1,443,278.57 in revenue for the village.
As for additional revenues for 2012-13, the proposed budget projects an overall increase of 2.04 percent, with commercial sanitation marking the biggest upward swing at 9.65 percent, or $54,814.00. For the first time in several years, every storefront on Covert Avenue in Stewart Manor is occupied, which, in part, accounts for that increase. Many of the businesses on Covert elect to have the village provide their sanitation services six days a week. The village has imposed a 5 percent increase for commercial sanitation services for 2012-13.
In terms of actual dollars earned, however, revenues from rentals and leases and the Stewart Manor Pool make up bigger pieces of the pie. They are projected to hit $253,305.68 (an 8.15 percent jump) and $199,044.00 (a 7.99 percent rise), respectively. Also forecast to rise is revenue from meters and parking permits: 6.02 percent to yield $88,000.00. Village officials reported that two additional parking meters will be installed on Covert Avenue, between Covert Place and the LIRR – an effort to both increase revenue and deter all-day parking.
Revenues from interest income; building, zoning and business licenses; and court licenses are all forecast to remain flat. Utility and sales taxes and franchise fees from Verizon and Cablevision are forecast to decrease by 1.27 percent (representing $84,805.40 of the proposed budget). State aid will have the biggest negative impact on the budget, dropping 4.67 percent. While the $43,260 of state aid per capita remains the same for this year, mortgage tax revenue has been on a rapid decline for the past seven years, according to a statement released by the village. “While it appeared to be leveling off, we are still noticing declining amounts, so the amount budgeted for this item is $18,000, down $3,000 from last year’s budget,” according to village officials.
Despite that dip, the forecast still looks bright for Stewart Manor. “With a solid fund balance and additional debt being paid off in the coming year, the future remains positive for the village finances,” said Fabio.
Thursday, 27 November 2014 00:00
Buckley Country Day School recently presented its fall awards, honoring the school’s top student-athletes for the fall season. One of those standouts is Floral Park’s Vanessa Foy, who was named as the Most Valuable Player for the girls 5/6 Red soccer team.
“It is always great to celebrate and honor our wonderful student-athletes and coaches who work so hard during the season,” said Roney Eford, Buckley Country Day School’s director of athletics. “All of our student-athletes should be extremely proud of their accomplishments.”
Friday, 21 November 2014 00:00
At the eleventh hour on the eleventh day of the eleventh month, residents and community members joined with the Floral Park American Legion to honor veterans at the annual Veteran’s Day ceremonies at Memorial Park, following a march down Tulip Avenue to the park with the members of the veterans of the Legion post, American Legion Auxiliary members, Sons of the American Legion, Boy and Cub Scouts from Troops 482 and 678 and local officials.
During the ceremony, a plaque was dedicated in memory of General Kazimierz Pulaski and others of Polish heritage who have served in the U.S. military. The plaque dedication was led by members of the Polish American Congress, Long Island Division, President Grzegorz Worma and Honorary President Richard Brzozowski. An invocation was delivered by Father Peter Rozek of St. Hedwig Church, followed by a POW-MIA ceremony by Post 334 Vice Commander Matthew Cacciatore.