In Lysander, both the tax levy and tax rate increased from last year, but the overall spending decreased in the board approved $4.8 million budget for 2008.
The tax levy is $2,116,768, up from $1,733,837 last year. Tax rates for property owners town-wide increased from $1.54 per $1,000 in 2007 to $1.72 per $1,000 in 2008, which includes 87 cents per $1,000 for the highway department. The tax rate for properties within the village increased from 49 cents per $1,000 in 2007 to 78 cents per $1,000 in 2008. Overall spending is down 2.8 percent ($139,689).
The town's taxable assessed value is $1,349,348,138, a 6.5-percent increase ($123,308,657) from last year.
Major contributors to the 2008 budget include $165,000 for the construction of the Seneca River Trail, $300,000 for road construction projects and $225,000 for legal fees for the Anheuser-Busch litigation. The litigation concerns a dispute in the assessed value of the Anheuser-Busch plant in Lysander.
Last year, the town assessed the plant at $90 million, but plant officials argued the assessed value should have been $35 million. The town is now sharing the cost of hiring an appraisal company with the Baldwinsville Central School District. According to officials, if the town were to accede to Anheuser-Busch, both the town taxes and school taxes would increase drastically for residents.