KINDERHOOK – The Village Boards of Valatie and Kinderhook have been preparing their budgets for the 2012-13 fiscal year. Kinderhook is looking at a budget slightly under $1 million and Valatie has a preliminary budget of $709,000.
Villages’ submit their budgets to the state in May, and the fiscal year starts in June. Budgets are adopted by the boards.
The Kinderhook Board passed a motion to override the 2% property tax cap earlier this year. Mayor Carol Weaver said at a budget meeting Wednesday, March 28 that the state seems to have an ambiguous policy on the tax cap: “Even though they expect us to use the 2% they don’t expect us to use the 2%.”
She distributed a letter from New York State Conference of Mayors and Municipal Officials Executive Director Peter Baynes about municipalities’ decisions to adopt laws allowing the municipalities to override the tax cap. The letter reads, “For the past year, NYCOM and our members have strongly made the case that a tax cap without significant mandate relief is a cop-out and will fail to yield meaningful and sustainable property tax relief.”
The Kinderhook Board is looking at a tax levy increase of 5.65%. The board plans to have another budget hearing Wednesday, April 11 at 7:15 p.m. at the Village Hall on Route 9.
The Village of Valatie reviewed its numbers and passed out budgets to board members at a special meeting Thursday, March 29 at Barnwell Nursing and Rehabilitation Center. There is a very small increase from last year’s budget, and the budget is up about $60,000 over the 2011 spending plan. The Valatie Board will discuss its budget at the next meeting Tuesday, April 10 at 7:30 p.m. at the Village Hall on Main Street.