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Dobbs Ferry treasurer reports stable year-to-date finances; board approves routine settlements and insurance renewals
Summary
Treasurer Jeff Chupa provided the first monthly finance update, noting general-fund year-to-date revenues of $23,557,000 and a cash balance of $11,874,000 at April's end. The board approved several routine resolutions including tax-certiorari settlements, insurance renewals, pay adjustments for select employees, and a modest increase to workers' compensation coverage.
The village treasurer, Jeff Chupa, presented the board with a new monthly reporting format designed to give trustees a high-level, unaudited view of year-to-date activity. Chupa said general-fund year-to-date revenues are $23,557,000 (about 94% of budget) while year-to-date general-fund expenditures are $23,701,000 (about 88% of budget). He reported total cash available at the end of April as $11,874,000 and cautioned the figures are unaudited and will change as May transactions close and the year-end audit is completed.
Trustees pressed for clarifications about missing projected revenue and timing; Chupa said many receipts (for example sales taxes and accruals) arrive after April and the numbers will adjust in the May report and the audit.
On the consent agenda and related business, the board approved several routine measures: tax-certiorari settlements for 40 Cedar Street LLC (noted in the packet as $1,630.70) and Draper Owners Corporation (approx. $8,089.44; trustees removed refund columns pending final recalculation but approved the assessed-value stipulation), a commercial-liability insurance renewal (premium cited at $523,637), and an increase in public-officers and workers' compensation coverage. The board also authorized updated Sunday pay rates for bus drivers and a set of cost-of-living adjustments for specific nonunion and white-collar unit employees listed in the resolution.
Other votes included acceptance of a $250 donation from the Pilser Foundation and authorization of multiple street closures for community events. The board declined to accept a large donated billiards table because of storage and moving costs. Where amounts or specific refund columns were uncertain in open resolutions, trustees instructed staff to reissue corrected documents rather than approve estimated refund values.
