Village of Minoa announces proposed tax rate increase

A public hearing on the proposed 2011-12 budget for the village of Minoa is set for 7 p.m. Monday April 11 at the Municipal Buidling, 240 N. Main St.

The proposed general fund budget includes a tax rate increase from $8.30 per 1,000 per assessed value to $8.95, which was increased based on the loss of sales tax revenue and increased New York State retirement expenses.

The increase in village taxes is actually a decrease in total county, town and village taxes because the loss of sales tax revenue reduced the county tax rate for village residents.

Donovan said the village board worked very hard to keep the increase at a minimum and the net result is a reduced overall property tax bill. The increase follows three years of no tax rate increases as well as a decrease in the 2008-09 budget. Donovan said he is proud of the effort the village board and staff have put forth to deliver consistent, efficient and quality high levels of service, while keeping the tax rate as low as fiscally possible.

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