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Budget Within Tax Cap

Eden Project Proceeds

The Village of Roslyn Estates expects to recover from the costs attributed to Hurricane Sandy, mainly through reimbursements from the federal agency, FEMA. Recently, the board approved the 2013-2014 budget, one that contained a small tax increase of 1.8 percent, within the 2 percent tax cap imposed by New York State.

 

Hurricane Sandy and the Nor’easter that followed did considerable damage to Village property including to trees, roads and the Fenway Nature Preserve. The village spent $150,000 to address these problems. A claim was subsequently filed with FEMA. Village officials expect that approximately $113,000 will be reimbursed to Roslyn Estates.

 

Concerning the budget, one that goes into effect on May 1, Mayor Jeffrey Schwartzberg said, “the recently approved 2013/2014 budget for our village reflects an increase of only 1.8 percent over last year’s budget and is fully compliant with, and mindful of, the 2 percent tax limitation imposed recently by the state.  This increase, which provides for continued investment in establishing reserves for improving the village’s infrastructure (roads, drainage issues, tree maintenance, etc), will result in an average weekly increase to our property owners of less than a dollar for each residential property.”

 

In 2010, the village completed a road improvement project financed through the issuance of a 10-year municipal bond in the amount of $750,000.  The cost of the road improvement project turned out to be $600,000, leaving approximately $150,000 for the village coffers.  This money was used to repay the bond during fiscal year 2011-2012.

 

Additionally, the annual debt service on the bond is approximately $90,000. The village could have raised the 2013-2014 budget by $59,000 (5 percent) for debt service on the bond. An outstanding bond is expected to be paid off in full by 2021.

 

Due to an increase in new building activity, income from permits is expected to rise from an estimated $43,000 this year to $60,000 in the upcoming fiscal year.

At the annual organizational meeting, held on April 8, a request was made for the extension of a building permit, which had expired last December. The contractor had decided not to request a renewal in December, due to the difficulties involved in working on the project in the aftermath of Sandy.

 

The property is a partially constructed commercial building, tentatively known as “Eden.” It is located near the southeastern intersection of 25A and Searingtown Road. Specifically, the contractor’s representative requested the granting of three more extensions of the three-month periods going forward.  The board granted his request, provided that there was reasonable progress made during each three-month period.  And further provided that such progress was made, the developer was not required to apply for each additional extension.  

 

At the meeting, the mayor was sworn in for his new term as was Jeffrey Lindenbaum, the deputy mayor.   The newly elected trustee, Eyal Isaac, also took the oath for the first time. After the ceremonies, a local resident complained that notices of the agendas and dates of upcoming hearings were not being posted on certain electrical poles as required by law.  She also complained that the notices were not being posted on the bulletin board in Village Hall, nor on required electric poles, nor properly posted on the village’s website.

 

Schwartzberg concurred that such notices were necessary and would be attended to.  He also promised to continue to perfect the website, referring to it as a work in progress.