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Board sets public hearing on tax-levy resolution amid debate over budget balances

Village Board of Highland Falls · January 22, 2025
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Summary

Trustees introduced a local-law resolution to set a public hearing for a tax levy potentially above the state cap; lawmakers and residents debated village deficits, reserve balances and whether spending cuts should precede any tax increases.

The board introduced Local Law No. 2 (2025) to authorize a public hearing on a property-tax levy in excess of the state's tax cap; trustees emphasized the motion only schedules a hearing required by state timelines and does not enact a tax increase.

During discussion several trustees and residents exchanged competing figures about the village's finances. One trustee reported year-to-date negative balances in sewer and water enterprise funds and deficits in the capital reserve; another trustee disputed those numbers and cited positive balances in the general fund and reserves. The board agreed to schedule the public hearing but also heard calls from residents and at least one trustee to pursue spending reductions and to review outstanding FEMA reimbursements and other irregularities before committing to a levy above the cap.

The board set the public-hearing date and will provide budget documents in advance of that meeting so residents and candidates can review the fiscal case before any vote.