taxes

The biggest factor in the revenue jump is the state’s commitment to make Foundation Aid to schools whole. “It looks like that three-year phase-in, at least from the governor’s perspective, is going to happen, so that’s tremendous news for our school district and school districts throughout the state,” Guilderland’s assistant superintendent for business, Neil Sanders, said on Tuesday.

The Helderberg Lake Community Association is hoping to fund necessary dam repairs with money borrowed from the town of Berne, which would need to create a special tax district to recoup those funds over 30 years, at a rate of $5.35 per $1,000 of assessed home value. 

The biggest factor in the revenue jump is the state’s commitment to make Foundation Aid to schools whole. That brought Guilderland an additional $1.5 million this year and will bring in $2.5 million next year.

Peter Drao, Charissa Mayer, New Scotland

Although the Hilltowns, like virtually all municipalities in the United States, received a substantial amount of money from the federal government’s COVID-19 relief program, the budgets for Knox, Westerlo, and Rensselaerville for 2022 are largely similar to those made in less eventful years.

The state’s Department of Taxation and Finance encourages eligible taxpayers to register for a free virtual tax-filing assistance session.

The county’s $719.3 million spending plan for next year is down significantly from this year’s adjusted budget, which is now set to be $747.3 million — up about $14 million from what was originally proposed around this time last year.

To present a balanced spending plan for 2021, Albany County Executive Daniel McCoy’s budget relies on tapping the county’s $60 million rainy-day fund for $3 million, reallocating $5 million that would have otherwise been appropriated toward paying off county debt, and $5 million in salaries and benefits savings from 72 employees who each accepted a $15,000 early-separation payout.

Berne has released its tentative 2021 budget, providing the first comprehensive look at the town’s mid-pandemic finances.

Rensselaerville Town Board

Spending is down in Rensselaerville’s tentative 2021 budget, but only by a margin, and revenues are likewise only down a touch, leaving a budget that’s much the same as the budget the town board adopted in 2020. 

Pages

Subscribe to RSS - taxes