ALTAMONT — At $2.69 million, the village of Altamont's tentative budget for 2026-27 is effectively flat compared to this year's spending plan.

The proposed tax rate for next year would rise to $2.29 per $1,000 of assessed value, up from $2.24 per $1,000 this year, based on a total assessed value of about $151.2 million. The tax levy would increase from about $338,000 to approximately $346,230.

According to the village, a homeowner whose property has a full-market value of $132,000 and paid about $296 in taxes to Altamont this year, would see an increase of about $6.43 more next year. An owner of a home valued at $241,000, who paid $540 in village taxes this year, would pay an additional $17.74 next year. And a home with a full-market value of $443,000, paying approximately $993 in village taxes this year, would pay about $21.60 more  next year.

The three pots of money that make up the village budget are set to hold steady next year:

— The general fund would stay flat at about $1,653,200, with approximately $332,150 in fund balance being used to close the gap between revenues and appropriations;

— The water fund is expected to come in at about $460,485, up barely from about $460,010, and uses about $65,000 of fund balance; and

— Sewer costs are anticipated to decrease about 2.2 percent from about $584,715 to $571,630, while the village will tap its rainy-day sewer account for about $31,630 to cover appropriations.

The village's largest general fund expenditures for next year are expected to be:

— Public safety, both police and fire, about $369,150, up from $356,730 this year. Police costs would increase from about $219,400 to $229,270, while fire-department spending would go from about $116,220 to $118,600;

— Transportation, including snow removal and road work performed by the village’s department of public works, is set to decrease significantly from about $373,000 to $283,245. The drop is largely attributable to the elimination of a $45,000 line item for a clerk of the works funded with CHIPs (Consolidated Local Street and Highway Improvement Program) money and a reduction in the Department of Public Works personal-service contingent line from $52,360 to $10,000;

— General government support, about $265,100, up from $256,100; and

— Shared buildings costs, which would increase from $88,500 to $94,500.

On the revenue side, the general fund anticipates about $982,525 in non-property-tax revenue. Water rents are expected to generate $325,000 and sewer rents $524,000.

The salaries for Altamont’s elected officials would remain flat: Each of the four trustees would continue to earn $5,227.50, Mayor Kerry Dineen’s pay would hold at $10,455, and the village justices would continue at $12,546 each.