Parsley reports 2022-23 budget as ‘status quo’
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Hampton Village Board members approved “a status quo” budget and tax levy for the next fiscal year during a two-hour meeting Sept. 12, also reviewing plans for a drinking water study to address the town’s reliance on a single water well.
Hampton Village Board members approved “a status quo” budget and tax levy for the next fiscal year during a two-hour meeting Sept. 12, also reviewing plans for a drinking water study to address the town’s reliance on a single water well.
Board Chairman James Parsley reported that there were no significant changes in the 2022-23 fiscal year budget, which called for a bump in tax asking from $143,253 to $145,544. The tax levy went up slightly, from 44.99 cents per $100 valuation to 45 cents per $100 valuation. That means property taxes for a home valued at $100,000 in Hampton will be $450, up from $449 a year ago.
“It’s pretty much a status quo budget,” Parsley said in a later interview. “We didn’t do a lot of increases or anything. The big thing we’re dealing with is for some reason we have been taking expenses out of our street fund and according to our new auditor that’s showing a huge deficit. So, we’re actually allocating about 1 percent each year to try to balance that out, because you can only do it so much at a time.”
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