Newspaper Endorses Funiciello....

Newspaper Endorses Funiciello....
Grateful Dead and the Walking Dead Endorse Him Too

Monday, November 19, 2012

WDT: Alexandria’s tax levy going up by 91%

    Percentages can be a public relations problem, especially when 91% is the increase in the tax levy...that's the amount of money a municipality raises from the property tax.
    That's the hike in the Town of Alexandria where the levy is climbing to $430,000 in order to balance the Town's $3.3 million overall budget.
      I don't know the dynamics of town government in the Bay but it's a phenomenon more understandable when you consider that the property tax is the only variable the town controls although it's only a small portion of total revenue.
     Therefore spending a little more on the $3.3M results in a huge percentage hike in the levy if all other revenue sources are flat.
      The reverse has been largely true of late in most local governments where rising sales tax revenue has resulted in stable property taxes in a time when rising pension costs should be causing either staffing cuts or tax increases.
        The other factor in the Bay is the rate levied to collect $430K is so low, the percentage doesn't tell the whole story and it's doubtful the hike will garner much attention.

Watertown Daily Times | Alexandria’s tax levy going up by 91%

8 comments:

Anonymous said...

Maybe there trying to restock the towns Gastank after Sampie used it?? Or simply put their share of the county budget is going up.

Anonymous said...

Why is the town broke?
- The town buys the rundown ice rink in the village with a $100,000 yearly loss! Was it because they had kids who skated? Too bad.
- The town then added bumper cars to generate revenue! Another loser that continues to lose!
When it is so obvious that towns and villages should combine they can't seem to understand that. What other losing projects are on the table?

Anonymous said...

Interesting. Rather than raising the rate so drastically perhaps they should have just done reassessments on the properties. They are so out of whack there. Houses that couldn't sell for over $50,000 on the open market are assessed at twice that yet waterfront homes worth millions are assessed at small fractions of their values. If they simply adjusted everything closer to market value they wouldn't have to make such a drastic adjustment to the mil rate.

Anonymous said...

A DISQUSTED BLOGGER SAYS-
Where the hell is some fiscal responseability in not using so much fund balance and realizing the fund balance cookie jar is almost EMPTY!
No More HANDOUTS To The Supervisors as the last 2 got!!
ie..., personal gas, health insurance for life, blackberry's, i-pads, $9,000. expense accounts for food, lodging and lots of alcohol AND MORE !

Anonymous said...

Yes sampies gas was a big deal 5 years ago.
Now the town has the honor system for tracking fuel usage at the town barn.

Anonymous said...

Right you are 816, how much is your Chief of Police making? Why do you need a Police farce in such a small village? Let alone a Chief? Does the ex-Dupervisor have his health care paid for by the taxpayers?

Anonymous said...

WOW
Sounds like supervisor and superintendent had carte blanche
Don't understand why highway position and clerk position get extra pay(stipends) to look over other departments. Do they work extra hours at night or something?
Please somebody explain??

Anonymous said...

Past supervisors,board members, clerks and highway superintendents get their's and their spouses health insurance paid for by the tax payers for life and yet those who maintain the towns roads, water/sewer etc for 25 and 30 years get nothing after they retire.