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Fredonia trustees present tentative 2025–26 budget; resident presses board for details on $825,000 borrowing
Summary
Trustees presented a proposed 2025–26 budget that would raise the village tax rate and water/sewer rates; a resident questioned a January revenue anticipation note and asked for detailed disclosure on the loan’s terms and fiscal impact.
FREDONIA, N.Y. — Village officials presented a proposed 2025–26 budget at the April 14 regular meeting that includes a higher tax rate and increases to water and sewer charges, and a resident asked the board to disclose details about an $825,000 revenue anticipation note adopted earlier this year.
The treasurer reported total projected revenue across village funds of $13,109,011 and described proposed changes to the village tax and utility rates. The treasurer told trustees the proposed tax rate would be $61.09 per $1,000 of assessed value — an increase of $24.14 — which the…
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