Cold Spring explores parking, occupancy tax and docking fee changes to shore up revenue
Trustees discussed a menu of revenue options — revising parking waivers and fees, considering a 5% occupancy tax with short‑term rental permitting, leasing small village parcels instead of selling, and restructuring docking fees (by foot, by head, or hybrid) — and asked staff to research models and enforcement implications.
The full story
As part of the budget conversation, trustees examined several revenue strategies to offset rising operating costs and capital needs, including parking fee changes, occupancy tax adjustments, leasing village parcels, and restructuring docking fees.
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