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Kinderhook board reviews $4.89 million tentative budget and new tax figures
Summary
The Village Board reviewed a $4,890,857.57 tentative budget for fiscal year 2025–26, including a proposed $542,757.03 to be raised by taxes and a listed tax rate of $3.20869 per $1,000; the board set a public hearing on the tentative budget for April 15, 2025.
The Village Board of Kinderhook reviewed a tentative budget totaling $4,890,857.57 for the fiscal year beginning June 1, 2025 and ending May 31, 2026. The minutes record the village’s total assessed value at $169,152,369.00 and the proposed amount to be raised by taxes as $542,757.03, with a stated rate of $3.20869 per $1,000 assessed value; the document also characterizes this as a proposed tax-rate increase of 37.10% and a proposed "raised by tax" increase of 38.47% compared with the prior year.
Board members reviewed expenditures across General, Water, Sewer, Highway and two Capital funds and approved a set of line-item edits to the tentative budget. The board later moved to set a public hearing on the tentative budget; that motion was recorded as carrying with all voting "aye."
