Schroon tax rate to drop;

SCHROON LAKE - The town of Schroon has adopted a maintenance budget, with some minor changes, for 2010.

The town board passed a preliminary $4,284,507 budget for 2010. This is a $119,834 increase from 2009 or a 2.8 percent increase.

The total amount to be raised by taxes is $2,006,725, which is a difference of $76,786 from 2009. That's down 3.8 percent.

Supervisor Cathy Moses noted the general fund tax rate went from $1.32 per $1,000 of assessed value to $l.14, a 15.8 percent decrease.

Schroon Lake sewer and water rates will remain the same. The Phase II sewer project is being paid for with grant money, thus having little impact on tax payers.

The major budget increases in 2010 are from employee benefits such as insurance and a 2.9 percent raise for all employees, including elected officials.

The increase in budget will be offset by the $90,000 sales tax revenue expected for 2010. Starting in 2010 towns will get .25 percent of the county sales tax.

The town of Schroon has a 5 percent growth in assessments. The town tax base went from $640 million in 2009 to $677 million in 2010.

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