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Town of Malone outlines 2025 budget; insurance, retirement costs rise and public hearing set
Summary
Town officials presented the proposed 2025 budget Oct. 4, saying health insurance and retirement expenses have risen more than 10%, the town projects a $184,173 tax-cap overage, and a public hearing is scheduled before Nov. 5 with final adoption targeted for the third week of November.
Supervisor Andrea Stewart and Budget Officer Denice Hudson outlined the Town of Malone’s proposed 2025 budget at a public presentation Oct. 4 at the Malone Town Offices. Officials said a public hearing must be held before Nov. 5 and the budget must be finalized by the third week of November.
Denice Hudson, the town’s budget officer, said General Fund revenues have stayed close to prior projections and that the town’s current pilot payment level is comfortable. She told officials that health insurance and retirement costs "have both gone up by more than 10 percent," and noted a planned retirement in 2025 that appears likely to include a buyout. Hudson also reported that workers’ compensation costs have decreased.
Hudson said the town is currently over the tax cap by $184,173 and that staff will work with department heads during upcoming budget sessions to reduce that figure. She said the town will propose a local law to address the tax-cap issue; the presentation did not specify the contents of that law or whether the $184,173 figure is a projection or a current-year shortfall.
Officials said most department operating expenses remain close to current levels. Stewart noted several line items held steady, including Dog Control, the Adult Center and cemetery contractual costs. The presentation also noted Superintendent Andrews will dedicate mowers and other equipment to cemetery maintenance, which officials said will reduce cemetery maintenance costs.
Town officials said the Water and Sewer fund is expected to remain consistent for 2025. Budget work sessions will be scheduled for any department head that requests one; the next work session was set for Monday, Oct. 7 to review the Justice Court budget with Justice Fisher.
The presentation lasted about 30 minutes; the meeting was adjourned at 10:30 a.m. The town must hold its public hearing before Nov. 5 and finish budget adoption by the third week of November. Details about the proposed local law for the tax cap and the precise composition of the $184,173 figure were not specified in the presentation.
