HALFMOON — The town has released a tentative $18 million budget for 2020, an increase of 4.3 percent from the current year’s budget.
Total proposed spending for next year, which was completed by the town on Sept. 18, is $18,135,654, up from the $17,348,845 in this year’s approved budget.
Halfmoon Town Supervisor Kevin Tollisen pointed out on Wednesday that the increase in the proposed budget stems from the rising costs of healthcare for town employees, as well as raises for town employees.
According to the proposed budget, there will be $7,250,760 million allocated in 2020 to the town’s general fund, which pays for the town’s government operations.
Halfmoon will continue without a property tax in 2020. This will be the town’s 41st year without the tax.
However, similar to Clifton Park, Halfmoon maintains a highway tax, special water and lighting district taxes and emergency services tax.
The 2020 budget proposes an allocation of $4.1 million to the town’s highway fund, up 4.9 percent from last year’s $3.9 million.
Halfmoon also receives revenue from Saratoga County sales taxes, and the town expects to bring in $5 million from the county in 2020.
Town Council members will receive, according to the proposeal, $14,714 each. That represents a 2.4 percent raise.
Under the proposed budget, salaries will be $56,348 for the town supervisor, $63,983 for the town clerk, $89,898 for the highway superintendent, and $36,542 for the town’s receiver of taxes, all representing raises of about 2.5 percent, or slightly less than that.
Tollisen said that the budget stability, and the minimal increases from last year’s budget, will allow the town to continue to be consistent in providing services and other resources to residents.
“It’s fairly status quo,” Tollisen said on Wednesday. “The town is in great financial shape.”
A public hearing will be held on the proposed budget, though a date and time for the hearing has not yet been released.