JOHNSBURG - The Town of Johnsburg will see an overall tax decrease of 2.86% in the 2011 budget. This is the third consecutive decrease that The Town of Johnsburg has experienced in the past three years after a .01% reduction in 2010 and a 1.43% reduction in 2009.
The 2011 budget totals $2.9 million. Of that, $1.3 million will be raised by taxes.
"Another year of reductions is a highlight for me," said Sterling Goodspeed, supervisor for The Town of Johnsburg.
According to Goodspeed, several factors contributed to the success of the budget as well as presented challenges.
First, To compensate for the additional retirement funds mandated by the New York State from towns like Johnsburg, The Town of Johnsburg has been considerate of its contingency fund this year.
The divided sales tax proceeds as a result of the New York State reevaluating land value in Johnsburg as well as the privatization of the town's solid waste collection help to create a reduction in the town's spending. This privatization eliminated $56,000 from the total budget.
Goodspeed also acknowledged the conclusion of a depth line that has been present in recent past budget. The elimination of $75,000 of projected borrowing had a significant impact on the 2011 reductions.
"Each budget cycle provides its own opportunities and challenges and this one is no exception," said Goodspeed. "I am please to present a budget that reduces taxes and eliminates borrowing."
Goodspeed is pleased with the final budget, approved by the town board in Nov. and hopes the citizens of johnsburg recognize the efforts of town employees to produce it.
"The budget is a product of a great amount of teamwork in the Town Hall," said Goodspeed. "There are many people who deserve gratitude."