Lysander officials have prepared a 2009 budget with total proposed spending at $4,981,654, which increases spending by $180,581 or 3.8 percent.
"The budget includes 40 percent more for fuel costs, a 40 percent increase for road projects and a 14 percent increase in health insurance premiums," said Lysander Comptroller David Rahrle. "We have also budgeted $300,000 for legal fees to challenge Anheuser-Busch's claim of reduced assessment."
The town budgeted $225,000 for Anheuser-Busch legal fees in 2008. As of last week, $92,000 has been used so far this year.
Despite the increase in budget, the tax rate has decreased. If approved, residents within the village will pay 71 cents per $1,000, a decrease from last year's 78 cents per $1,000, while residents outside the village will pay $1.70 per $1,000, a decrease from $1.72 per $1,000 in 2008. Part of the reason for the decrease in tax rate was an increase in assessments, which went up about 3 percent. Another reason for the tax rate decrease is an increase in the fund balance, which is $905,000 this year compared to $790,000 last year. The balance will be used to offset taxes.
The proposed tax levy, or amount to be raised by taxes, is $2,150,294, an increase of $35,226 or 1.7 percent from 2008.
The town will hold a public hearing regarding the proposed budget at 7 p.m. Thursday Nov. 6 at the town hall, 8220 Loop Road in Radisson.