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Menands workshop shows sewer repayments and prior deficits could drive one‑time charges and large tax increase
Summary
Board discussion centered on required repayments to the sewer and water funds and a proposed one‑time charge that, combined with other adjustments, underpins a draft 17% tax increase; staff outlined possible per-house impacts and repayment options.
Menands Village trustees spent the workshop outlining one‑time repayments and deficits that are driving the draft budget toward a substantial tax increase.
Officials said the budget includes required repayments into enterprise funds — roughly $518,440 to the sewer fund and about $472,100 to the water fund — and a prior-year deficit balance (about $499,665). Those items, when allocated as one‑time charges, are a principal reason consultants estimated a draft 17% tax increase for the coming year. The board provided…
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