2023-24 Budget Adoption Message

Dear Neighbors:

 

I am pleased to report that, due to the diligent work of the Village Manager, Treasurer and all of the village's Department Heads and their staffs, the Board of Trustees was able to unanimously approve a budget for Fiscal Year 2023-24.

 

The adopted budget will be the first budget in more than a decade with no increase to the property tax rate. For the typical household, one where the property tax assessment has not increased due to improvements to the property, there will be no increase in Village taxes.

 

The adopted budget will lower total Village debt by $2.4M. Our fund balance, our Village’s financial reserves, increases to $11.3M--its highest level in Village history. This year’s capital budget also includes an unprecedented $1.2M investment in general road and sidewalk repair.

 

The adopted budget summary can be found online by clicking here. Additional budget documents will be posted to the Village website as available.

 

I am proud of the staff and Village Board working together to accomplish this task. Particular thanks are owed to our Village Manager, Bryan Healy, and Village Treasurer, Daniel Tucker, whose fiscal prudence and expert guidance the Village has benefited from tremendously.

 

Brian Pugh

Mayor, Village of Croton-on-Hudson