Remember in high school, when you didn’t know why you needed to take math, or what it had to do with your life.
The Putnam Valley budget.
The town budget increase is 3.8922%. The highway budget increase is 2.1866%. The fire department came in at a modest 1.4616% increase. Marianne tells us that the tax cap is now 1.66%, not 2%. Not that it matters. They will override it anyway. They have made very few changes in the budgets during their brief work sessions.
You may hear Bob-O talking about a 2.1% increase, (actually 2.812) but oddly, that includes the district budgets. Marianne said that a few times at the last town budget “work session,” but it never seemed to be acknowledged. It is a peculiar trick, since the district budgets do not affect anyone who is not in that particular district.
So, say you live in Lake Peekskill. Marianne provided the assessment figures on request. The total assessment for all the properties in Lake Peekskill in 2014 is $196,606,208 . For 2013, it was $200,559,282. Now that is why your high school math comes in handy. If your assessment stayed the same, and your district taxes didn’t go up, you just got hit with a hefty tax increase. If your assessment went up, you got hit with an even bigger tax increase.
Add to that a 3.8922% town tax increase, (not including for the moment the highway and fire department which will actually lower you tax increase this year), you are looking at a good chunk of change for your tax increase.
Adopt cats. Buy bagels. Save sea turtles (it is cold stun season).