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Town of Halfmoon releases tentative 2019 budget

Town of Halfmoon releases tentative 2019 budget

Again, no town property tax

HALFMOON -- The Town of Halfmoon has released a tentative $17.3 million budget for 2019, an increase of 2.1 percent from the current year's budget.

Halfmoon Town Supervisor Kevin Tollisen pointed out during an October Town Board meeting that the increase in the proposed budget stems from the rising costs of healthcare for town employees.

Total proposed spending for 2019 is $17,320,845, up from the $16,956,800 this year. 
 
According to the budget, which was released in early October, there will be $6.98 million allocated in 2019 to the town’s general fund, which pays for the town's government operations.
 
Halfmoon will continue without a property tax in 2019.
 
However, similar to Clifton Park, Halfmoon maintains a highway tax, special water and lighting district taxes and emergency services tax.
 
The 2019 budget proposes an allocation of $3.899 million to the town's highway fund, up 4.1 percent from last year’s $3.738 million.
 
Halfmoon also receives revenue from Saratoga County sales taxes, and the town expects to bring in $4.6 million from the county in 2019.
 
The 2019 preliminary budget, like the current year’s budget, contains salary raises for all town staff as well as elected officials. 
 
Town council members will receive a $1,750 per year increase to their annual salaries, boosting them to $14,359.

Under the proposed 2019 budget, salaries will be $53,223 for the town supervisor, $60,672 for the town clerk, $85,955 for the highway superintendent, and $33,813 for the town's receiver of taxes. 
 
The town plans to approve a public hearing on the 2019 preliminary budget for Nov. 7 at its Wednesday night Town Board meeting.

Budget Box:

Total Spending

2018- $16,956,800, 2019 (proposed)- $17,320,845

General Fund Draw

2018- $6,778,509, 2019 (proposed)- $6,980,299

Property Tax

2018- none, 2019 (proposed)- none

Highway Fund Allocation

2018- $3,738,432, 2019 (proposed)- $3,899,018

 

             

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