Budget approved with slight increase
Taxes may be going up in the town of Dunkirk, but not by much.
Dunkirk town officials approved a budget with a tax rate of 59 cents per $1,000 of assessed value during its recent meeting. That’s a penny increase from the previous year as Town Supervisor Richard Purol noted last year’s rate to be 58 cents per $1,000 of assessed value. No comments were gathered from local residents during the public hearing portion.
The town tax levy, or the amount to be raised by taxes, is just over $319,000 when adding special districts into the equation. Per the state 2 percent tax cap limit, the amount allowed to be raised by the town is $309,994. Board members approved to override the tax cap at last month’s meeting. The state subsequently accepted the move.
“Technically, we went over the cap by $9,000,” Purol told board members.
General budget appropriations equate to $498,153. Purol said there’s zero tax for the general part of it. As for the highway fund, Purol said the town will expend $221,111. Revenues will cover a majority of highway expenses as $60,300 will be raised by taxes.