Posted by: Dawn Powell | November 11, 2014

Scary district budgets

In Lake Peekskill, the budget was $863,596 last year. There is no addition to the truck fund, $52,749 was appropriated from fund balance, and the proposed budget is $805,047 for a 0% tax increase. That shows you how much revenue has been lost to foreclosures and destroyed houses.

In Lake Oscawana, $25K was appropriated from fund balance, and there was still a 16% increase.

Back to Lake Peekskill, $5800 is listed as revenue. If that includes the community center rentals, it really isn’t worth renting it out.


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