Written by Joe Scotchie Friday, 14 May 2010 00:00
The Village of Roslyn board of trustees recently approved a 2010-2011 budget. The BOT delivered another tight budget with very little appropriation increases. The budget came to $4,772,045 in spending, an increase of $191,277 over last year’s budget. As always, the bulk of the revenue came through real estate property taxes, resulting, this year, in a 15.96 percent increase in the village tax rate.
There were areas in the appropriation side where the BOT was able to reduce spending. For instance, in the government support budget, which is always the largest segment of the budget, spending items for the board of trustees, the village justice, the assessor, the auditor all saw slight decreases. Appropriations for the mayor’s office, the village attorney, the village engineer, and the election segment remained the same as last year. In the government support budget, only the clerk treasurer’s office and the special items segments saw slight increases. In the latter budget, spending for a special contractual expense and a tax certiorari contingency accounted for increases.
By not including overtime pay for the Code Enforcement Officer’s budget, the Public Safety budget saw a $50,485 decrease from last year’s budget. Likewise, the transportation budget saw a slight $5,994 spending decrease, due mostly to reductions in the storm water/storm drains budget. Similarly, the home & community budget decreased by $32,839, with total spending reaching $1,039,150. The BOT found savings in the zoning, planning board, sewer system, and solid waste disposal segments of the budget.
Finally, there were slight spending increases in the employee benefits and debt services budgets. The New York State retirement budget saw a slight increase, as did spending for several serial bond principal items in the debt service budget. The budget notes principal segment also accounted for slight spending increases in the debt service budget.
The BOT searched for revenue from various sources, including impact fees from real property, the Verizon franchise, parking lot permits, and volunteer fire department insurance, but real estate taxes is where the BOT went to pay for the budget. This year, $3,376,241 is to be raised from such revenues. The assessed valuation is down from last year’s total by $26,461. The BOT estimates that revenues will decrease slightly from both interest earnings and rental of real property.
In all, 22 revenue accounts should bring in the same amount of money as they did last year. Likewise, there are no less than 140 items on the appropriations side, which will see no spending increase from last year’s budget. Some segments, such as the historian budget, soil borings, architectural review board, site review, storm water, and interfund transfers received no spending at all in 2009-2010 and will see none this budget year, either.