Brocton approves higher tax rate in budget
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BROCTON -- The Village of Brocton approved its 2023-24 budget at a recent meeting that includes a slight tax increase. The village tax rate is $9.79 per $1,000 of assessed valuation with an amount of $262,913 to be raised by taxes. The tax cap limit was $271,805.
As part of the budget, village employees from all departments will receive a 4% wage increase. the figures approved include a water budget of $300,797; a wastewater/sewer budget of $418,222 with $3,722 from unreserved fund balance; an electric budget of $1,114,950 with $172,600 from unreserved fund balance; and general expenses of $772,847 with $150,000 from unreserved fund balance.
Resolutions to accept each official figure passed unanimously 4-0 at a recent meeting of the Brocton Village Board, with Village Trustee Mark Belcher not in attendance. A copy of the entire 19-page budget is available online at www.brocton.org.