Town of Batavia looking at creating property tax for first time in 35 years
If board members approve the Town of Batavia's budget for 2016, property owners there will find themselves paying a municipal tax on assessed value for the first time since the 1970s, Supervisor Greg Post said last night after the board passed a resolution moving the proposed budget forward in the approval process.
There will be a public hearing on the budget Nov. 4.
The tax rate would be $1.42 per thousand, creating a levy of $500,000, which would still leave the town's budget with a spending deficit of $600,000.
That's nothing new in the Town of Batavia.
Post, who has been in office for 12 years, said the town has been using its fund balance to avoid a tax levy for 15 years.
With sales tax lagging, income on investments of the fund balance nonexistent, increased pension and health-care costs, and dwindling reserves, the town has little choice but to institute a property tax, Post said.
Post spoke with reporters at length last night about the proposed budget and we will have a more complete on the budget story later this morning.
We will also have stories on the county's proposed budget and the plan to create a new position in the IT department to manage the county's Web site and social media presence, as well as a story about a local manufacturer who is finding it difficult in this tight job market to find qualified employees.
UPDATE: Here's the town tax story: After years of operating at a deficit, Town of Batavia asking land owners to pony up property tax