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Kinderhook board reviews $4.86 million tentative budget, proposes $2.89031 tax rate
Summary
The Kinderhook Village Board reviewed a tentative $4,855,511.65 budget for fiscal 2025–26 and discussed revenue estimates, a 1% increase in assessed value and a proposed tax levy of $488,902.03 (a $2.89031 rate per $1,000).
The Kinderhook Village Board reviewed a tentative $4,855,511.65 budget for the fiscal year beginning June 1, 2025, and ending May 31, 2026. Clerk/Treasurer Nicole H. Heeder told the board the proposal covers General, Water, Sewer, Highway and two capital project funds and is intended to balance departmental wish lists with projected revenues while staying within the State Comptroller's tax cap.
Heeder reported the village's total assessed value for 2025–26 as $169,152,369, a 1% increase from the prior year, and said the proposed amount to be raised by taxes is $488,902.03, yielding a proposed tax rate of $2.89031 per $1,000 of assessed value. The board did not adopt the budget at the meeting; members scheduled follow-up sessions to finalize personnel compensation and other line items.
