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Penn Yan village board organizes; sets $5.6 M budget

Village officials are ready for a new year, with two new trustees, a new committee structure, and a tentative $5.6 million budget.

The budget reflects a 6 percent or $335,495 increase in spending.

Teresa Hoban, Ray Spencer, and Carolyn Benedict were sworn in as trustees, and Mayor Leigh MacKerchar took his oath of office before the annual organizational meeting April 2. Former trustees Willie Allison and David Reeve did not seek re-election.

After the annual organizational meeting, the board held a brief public hearing on the village budget which calls for a tax levy increase of 3.48 percent or $100,397. That increase falls below the state determined tax cap for the fifth consecutive year, says Clerk/Treasurer Gary Meeks.

The tentative tax rates per $1,000 of assessed value will increase by 39 cents in Milo ($15.25), 53 cents in Benton ($14.94), and 77 cents in Jerusalem ($16.43).

Addtional street funds may be handed down through the state budget, which will result in an increase in the contingency fund.

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