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Menands sets tax-cap hearing, schedules budget workshop amid $441,000 shortfall
Summary
Trustees set a March 16 public hearing on a local law to override the 2% tax cap and scheduled a March 19 budget workshop after administrators reported a draft general fund shortfall of roughly $441,000 while water and sewer funds are balanced.
Menands — The Village Board voted March 2 to set a public hearing for March 16 on a proposed local law to authorize a property tax levy above the General Municipal Law §3‑c limit for the 2026 fiscal year, a procedural step necessary if trustees choose to exceed the 2% cap during budget adoption.
Administrators presented a draft budget and reported a general fund gap of about $441,000 (figures in the discussion ranged between roughly $441,000 and $450,000). They said water and sewer funds are currently balanced, and staff will use updated water/sewer modeling with consultants to refine projections. Trustees scheduled a budget workshop for March 19 at 5:00 p.m. and a budget public hearing for April 6 at 6:00 p.m.
Board members were asked to review the draft and provide comments ahead of the workshop; officials said the choices to close the gap include spending reductions or increasing taxes, but no final budget decisions were made at the meeting.
The transcript does not include roll-call votes for these scheduling motions beyond routine voice votes.
Next steps: staff will finalize modeling results, present options at the March 19 workshop, and publish materials ahead of the April 6 public hearing.
