Cold Spring presents $5.59M tentative budget, opens public hearing
At an April 8 meeting the Cold Spring Board of Trustees presented a tentative $5,594,246 budget for the fiscal year ending May 31 and opened a public hearing; the proposed levy stays within the state's formula that yields a 3.7% maximum increase, officials said.
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At its April 8 meeting the Cold Spring Board of Trustees presented a tentative combined budget of $5,594,246 for the fiscal year ending May 31, 2027, and opened a public hearing to collect spoken and written comments before a vote by May 1. The board said the budget is built across three funds — general, water, and wastewater — and that the proposed levy stays within New York State’s tax-cap formula that results in a 3.7% maximum levy increase.
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