Village of Homer treasurer presents proposed 2022-23 budget (video included)

(Photo Source: Unsplash).

Village of Homer treasurer Tanya DiGennaro presented the proposed 2022-23 fiscal year budget to the village Board of Trustees on Tuesday.

The village’s projected budget for the upcoming fiscal year shows $4,794,545.40 in total appropriations that includes the general, water and sewer funds. The estimated revenue is slated at $3,187,536.34, while the unexpended fund balance is projected at $195,520. The amount raised by taxes could be $1,411,489.06, according to DiGennaro’s breakdown of the proposed budget.

DiGennaro showed proposed taxable figures broken up into two sets: one for a portion of Homer’s municipal district, and the other for the rest of the village with part of the town of Cortlandville included.

The first set has the proposed percentage of tax levy over 97% (0.9743539), with a tax rate per 1,000 projected at 9.066513. The projected tax rate decreased compared to last fiscal year’s tax rate, which was 9.151525.

The second set of taxable figures has a proposed percentage of tax levy over 2.5% (0.0256461), with a tax rate per 1,000 projected at 9.706502. This tax rate also decreased to last fiscal year’s tax rate, which was 9.768482.

Village mayor Hal McCabe and the Board of Trustees praised DiGennaro for her effort of putting the proposed budget together.

A full breakdown of the village of Homer’s proposed 2022-23 fiscal year budget can be seen in the recorded version of Tuesday’s Board of Trustees meeting below. (Start at 14:55, end at 28:50)