Cayuga County residents might see an increase in their property taxes next year, but the total will be under the state tax cap.
Cayuga County Legislature Chairman Keith Batman presented a draft of the 2018 budget to legislators at a special Ways and Means Committee meeting Monday night, proposing a 2 percent increase in the tax levy. It was not yet clear what the state tax cap would be, but Batman and county budget director Lynn Marinelli said the tax levy increase was below that.
The total budget for next year is expected to be about $146 million, up 2 percent from 2017. About $545,752 will be used from the county’s fund balance toward the budget.