North Elba is planning several capital improvement projects at the Lake Placid Airport next year. Those projects, Politi says, will be funded with state and federal grants and are estimated to cost some $3 million.
"There is no tax consequence related to these upgrades and renovations," he noted.
Politi said spending isn't a problem for North Elba - but decreasing revenue streams do present issues for taxpayers.
"There's only a slight increase in this budget; there's a decrease for Saranac Lake and a slight increase for Lake Placid," he said. "Our problems don't necessarily deal with expenditures, but with decreasing revenue streams."
He added no one showed up to comment at a public hearing this week. Politi expects public outcry will more likely be directed at county tax increases.
"I caution everybody," he said. "Look, even though there are only very, very slight increases here in North Elba, you have to remember that your tax bill is made up of both town and county. In my opinion, you're looking a 20 to 30 percent hike on the county side, so even though town of North Elba tax rates won't see much of a change, you're probably going to be hit with a substantial change on the county level."
Politi noted residents of both villages will no longer pay double on highway taxes.
Other budget highlights include a 9.5 percent increase in health insurance premiums for the town, as well as $88,100 budgeted for community service contracts in Saranac Lake and Lake Placid.