Lysander officials approved the $4.69 million town budget for 2010 Thursday Nov. 19, which decreases overall spending by $289,000 from the 2009 budget.
With approximately 9,000 parcels in the town, the tax levy (amount to be raised through property taxes) is $2,366,754. The overall tax rate increased from 1.703 in 2009 to 1.795 in 2010. This breaks down to a .7974 general tax rate (an increase of .0873 from 2009), a .0845 part-town tax rate (an increase of .0285 from 2009) and a .09131 highway tax rate (a decrease of .0235 from 2009). The tax rate means for every $1,000 of assessed value for property owned in Lysander, the taxpayer would pay $1.80. A Lysander home assessed at $100,000 would pay roughly $180 in annual taxes (not including special districts such as fire, drainage, sanitation, water and street lighting). This is equivalent to an approximate $9 annual increase per $100,000 from last year.
One major factor affecting the 2010 budget included a decrease in town revenues. Other factors included increases in salary and retirement benefits, which are mandatory by state law.
During the board meeting, the board also approved Town Clerk Lisa Dell's appointment of Elaine McMahon as the first deputy clerk, effective Monday Nov. 23. The board set McMahon's salary at $32,000.