Story By Ashleigh Sherow
Local Law #5 of 2016, “to exceed the two-percent property tax cap,” was passed at the Thurs., Oct. 13 Town of Warwick Board meeting. Prior to the law being approved by the Board, a public hearing was held.
New York State Law requires the public hearing in the event that the Town of Warwick exceeds the two-percent tax cap in the annual budget. Supervisor Michael Sweeton commented that while the Town is allowed a .7 percent increase to stay under two-percent tax cap, the tentative budget is currently at an 8.6 percent increase. To put this into perspective, the tax cap is exceeded alone by increases mandated in healthcare and retirement contributions for the police department, Sweeton reported.
Sweeton commented that while the tax cap “will be exceedingly hard to meet this year,” the Town intends to work on lowering the budget. However, Sweeton did note he is not sure that the budget can get below the cap without substantial cuts.
Sweeton intends to present the preliminary budget at the next Town Board meeting on Thurs., Oct. 27 to residents. A public hearing will be held on the budget before it is adopted.
A public hearing regarding amending the zoning portion of the Town Code as well as other topics was also reported on in the article. To read the full story pick up a copy of the Oct. 19 issue of the Warwick Valley Dispatch. To subscribe to the Dispatch call 845-986-2216 or send an email to firstname.lastname@example.org.