2018 Preliminary Budget Released
FOR IMMEDIATE RELEASE
CONTACT: Greg Westbrook, Town Supervisor
Doug Finch, Town Manager/Budget Officer
DATE: Tuesday, September 26, 2017
PHONE: (585) 394-1120 x-2234
Town of Canandaigua Releases Proposed 2018 Town Budget
(Canandaigua, NY) - The Town Board of the Town of Canandaigua has released the proposed 2018 Town Preliminary “Tax Cap Compliant” Budget.
The preliminary 2018 balanced budget is tax cap compliant, and utilizes as many resources as possible such as grants, sales tax, and other revenue in order to limit the tax burden on our residents. The proposed budget is based on a total real property tax rate of $0.91 (91 cents) per thousand dollars of assessed value for residents of the Town of Canandaigua.
“Our Finance Team is taking a hard look at all areas of operations to recommend efficiencies”, said Linda Dworaczyk, Chair of the Financial Planning Committee. “Evaluating revenue sources and expenditures in an effort to minimize the tax burden to our residents is of the highest priority.”
“Our budget provides the residents of the Town of Canandaigua with many services and benefits including safe roads, the transfer facility, parks and recreation, and many other resources available at a reasonable tax rate of $0.91 cents per $ 1,000 of assessed value,” said Greg Westbrook, Town Supervisor.
At $0.91/$1,000 of assessed value, the annual property tax on a home with an average assessed value of $275,000 is approximately $250 per year. The yearly cost helps to cover the costs associated with many services provided by the Town of Canandaigua including the maintenance of safe roads, upgrading outdated infrastructure, providing a wide variety of recreational opportunities, and the use of the transfer station for waste and recycling.
The tax rate of $0.91 per thousand is based on appropriations of $0.23 per thousand for the general fund, and $0.68 per thousand for the highway fund. Real property tax to be collected is $294,637 for the general fund, and $865,343 for the highway fund. The total taxable value for the Town of Canandaigua is $1,274,704,229.00. For comparison, in 2017 the real property tax rate was assessed at $0.895046 per thousand.
The proposed $10,997,348.00 total budget is broken down by: General Fund $3,284,761.00; Highway Fund $4,690,450.00; Water Fund $1,038,500.00; Park Fund $100,000.00; Fire District Fund $947,096.00; Water Districts $822,729.00; Lighting Districts $21, 253.00; and Drainage Districts $92,559.00.
Click here to view a copy of the 2018 Preliminary Budget.