The village of Manlius Board of Trustees presented its tentative budget for the 2012-13 fiscal year at its meeting Tuesday, April 17.
The budget totals $5,144,654, a decrease of 2.4 percent from last year, though it calls for a tax levy increase of 1.09 percent. This means the property tax rate would increase 5 percent. At the current rate residents pay $7.38 on every $1,000 assessed of their property. The proposed new rate would make it $7.75.
Mayor Mark-Paul Serafin said he was going to do everything he could to trim the budget in order to not raise taxes. The village called a special budget meeting to discuss revisions for 6 p.m. tonight, and plans to vote on the budget at its meeting tomorrow night.
“We’ve worked hard to budget smartly and tighten our belts, but eventually some of that burden will have to be passed on to the taxpayers,” Serafin said. “We have to budget within our means, we can’t spend more than we have, just like a household budget.”
The village had to propose a tax increase due to rising costs of health care and an increase in the amount they must pay for employees’ state pensions accounts, Serafin said. He added that the village will try to make its budget more efficiently and possibly make cuts to make up for this. The village could also increase the employee contributions for pensions, he said.
The village’s budget year starts June 1 and ends May 31. The village board is required to adopt a new budget no later than May 1.