Tuckahoe has released an $11.3 million tentative budget for the next fiscal year that starts with a 6.6 percent tax rate increase and a tax levy increase more than twice the state cap.
The proposed spending plan, which is about 2 percent higher than the current budget, was the result of eight separate budget workshops. There will be several more budget workshops before the Board of Trustees has a final version that will be discussed at a public hearing on April 9
Details were not immediately available, but Mayor Steve Ecklond said that health insurance and retirement contributions accounted for nearly 3 percent of the overall requested increase.
The village is in a better fiscal position than it has been recently because it has rented out space in Village Hall to Andrus Childrens Center, which also has made a $500,000 of improvements to the building, he said. With the approval of the Glenmark project, the village also will see increases in building permit fees and, eventually, added real estate taxes.
The mayor and board will be working on the tentative budget to trim it down to fit within the state’s 2 percent cap on tax levy increases. The final version of the budget is expected to be adopted on April 30.