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Greenwood Lake adopts $5.42 million village budget, cites insurance and refuse cost pressures
Summary
After a public hearing, the Greenwood Lake Village Board adopted a $5,417,711 general fund budget and a $774,395 water fund budget for fiscal 2026–27, citing a 5.8% tax increase driven by rising insurance and refuse costs and a new full‑time building inspector position.
The Village of Greenwood Lake on April 15 adopted its fiscal year 2026–27 budgets: $5,417,711 for the village and $774,395 for the water fund, via resolution 79 passed unanimously.
Mayor Holly Howley opened the budget hearing and walked residents through major drivers of the increase. "The budget in of itself is like $5,700,000, and the increase the percentage increase over last year is going to be 5.8%," Howley said during the hearing while explaining that insurance costs rose about 13% and the five‑year refuse contract increased 14%. Howley said the board included a new full‑time building inspector in the proposed staffing plan to address growing building activity.
The mayor and trustees said they reviewed options and grant opportunities to limit the burden on taxpayers; Howley noted the figure cited earlier in the meeting was an estimate and that the board moved to adopt the final numbers presented in the resolution. Resolution 79 carried after the public hearing and formal motion.
The budget adoption follows two prior public hearings and staff work on the proposal; the board also approved internal transfers to close fiscal 2025–26 (resolution 78). The board said it will publish the final budget documents on the village website and make them available at Village Hall for residents seeking details.
