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The Times
  • Mohawk board OKs village budget for 2013-14

  • The Mohawk village board voted Monday to adopt budgets totaling $3.3 million for 2013-14 that will carry a 2 percent tax increase.



    The $1,571,427 general fund budget shows an increase of $91,365 from the 1,480,062 budget for the current fiscal year.



    The new fiscal year begins June 1.

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  • The Mohawk village board voted Monday to adopt budgets totaling $3.3 million for 2013-14 that will carry a 2 percent tax increase.
    The $1,571,427 general fund budget shows an increase of $91,365 from the 1,480,062 budget for the current fiscal year.
    The new fiscal year begins June 1.
    “I’m very pleased with how well this budget turned out,” said Mayor Jim Baron, noting that this was his first village budget. “With the knowledge the board had, it worked out pretty well.”
    The plan balances the $1.5 million in general fund expenditures with $492,850 in estimated revenues and $122,424 from the fund balance ($75,000 from the fund balance and $47,424 from savings) to reach a tax levy of  $956,153, according to the budget summary.
    That translates into a tax rate of $17.05 per $1,000 of assessed value.
    Increases in expenditures are largely in the area of medical insurance and retirements, the mayor said. Many expenditures stayed the same as the current year’s budget and some line items showed a decrease.
    The board acted on the budget following a public hearing at which no residents appeared to speak or ask questions.
    In addition to the general fund budget, the board voted to approve the following budgets:
    • Cemetery budget, $65,078, up from $63,675 for 2012-13.
    • Weller Library budget, $45,246, up from $44,697 for the current year.
    • Electric fund budget, $1,180,500.
    • Water fund budget, $225,725 plus water project loan payment of $151,767.
    • Sewer fund budget, $112,659.51.
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