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Elmsford official says tentative balanced budget includes a half-percent tax-rate decrease
Summary
Board members reported auditors are completing the FY2020 audit and a tentative balanced budget proposal shows about a 0.5% decrease in the tax rate; budget binders will be made available to board members later in the week.
A board speaker announced that auditors are finishing work on the village's fiscal year 2020 audit and presented a tentative balanced budget that includes a slight tax-rate reduction of about half a percent.
According to the report, budget binders and supporting materials will be available to board members midweek and further discussion is expected as the board moves through the budget season. Department heads were commended for their input during preparation of the tentative budget.
The report also noted ongoing facility work: the water department was thanked for progress on a backroom used by the court, with a goal to have it cleaned and ready by the end of the month. The board did not vote on the budget at this meeting; the presentation was provided to give members time to review materials before formal budget hearings and votes.
Next steps: board members will review the budget binders when distributed and take up formal consideration in upcoming meetings.
