Penfield Supervisor Tony LaFountain and Town Comptroller Barbara Chirdo presented the proposed 2018 Tentative Town Budget to the Penfield Town Board and community in a meeting Sept. 6.
The proposed 2018 Tentative Budget, including special districts, is $19.1 million. The proposed Town Operating Budget, without special districts, is $16.2 million.
As in previous years, expenditures not under the town of Penfield’s control continue to see double-digit increases. In 2018, this includes an estimated 10 percent increase in health insurance premiums and continued contributions to the NYS retirement system of about 15 to 20 percent of payroll. While Penfield was able to mitigate the cost of workers compensation by choosing a new carrier through competitive solicitation, workers compensation represents nearly 6 percent of payroll.
The proposed 2018 town tax rate remains at $2.69 per $1,000 of assessed property value, which is the same as the 2017 rate. At the proposed 2018 rate, a property in Penfield with a valuation of $190,000 will be $511.10 for general governmental services. The proposed town tax levy increase is below the increase allowed by New York State.
Penfield’s property tax rate remains one of the lowest of the 19 towns in in Monroe County. The town general taxes continue to account for about 8 percent of each tax dollar. County taxes account for 24 percent, and school taxes account for the remaining 68 percent.
“This is the eighth budget I have helped prepare with our comptroller and department heads as town supervisor. I continue to be impressed with their attention to detail and creative ways to maintain services, absorb any unfunded mandates, stay under the state imposed tax cap, and still look for expanded opportunities for shared services publicly and privately,” said LaFountain. “We are able to maintain the current tax rate of 2.69 per $1,000 of assessed property value for 2018, giving our residents year-on-year stability of their town taxes without impacting any current services.”
A public hearing for comments on the preliminary budget will be held Oct. 4, and the Penfield Town Board will review comments through Oct. 12.
Print copies of the budget are available at the Penfield Public Library, 1985 Baird Road; or by contacting the Office of the Comptroller at Penfield Town Hall, 3100 Atlantic Ave. The budget can be accessed at penfield.org.
For information, call 585-340-8600.