Board of Trustees
Village of Tarrytown
Special Meeting
April 25, 2011 No. 5
6:15 p.m.
PRESENT: Mayor Fixell, Trustees Butler, Hoyt, McGee, McGovern and Zollo; Administrator Blau, Treasurer Hart
ABSENT: Trustee Basher
Trustee Zollo moved, seconded by Trustee McGovern to open the Special Meeting.
Trustee Butler moved, seconded by Trustee McGovern to go into Executive Session to discuss personnel issues relating to the budget adoption. All ayes.
Trustee McGovern moved, seconded by Trustee McGee to move out of Executive Session. All ayes.
Trustee McGovern moved, seconded by Trustee McGee that the following resolution adopting a budget for the Fiscal Year commencing June 1, 2011 and ending May 31, 2012 be approved. Motion carried. Mayor Fixell, Trustees Hoyt, McGee, McGovern and Zollo voting “aye”. Trustee Butler voting nay. Approved: 5-1.
BUDGET ADOPTION RESOLUTION FISCAL YEAR 2011-2012
A RESOLUTION ADOPTING A BUDGET FOR THE FISCAL YEAR COMMENCING JUNE 1, 2011 AND ENDING MAY 31, 2012
WHEREAS, the Board of Trustees has met at the time and place specified in the notice of public hearing on the tentative budget and heard all persons desiring to be heard thereon.
NOW, THEREFORE, BE IT RESOLVED, that the tentative budget as amended and revised and as hereinafter set forth is hereby adopted and that there be and is hereby appropriated for the objects and purposes specified, including the amounts set forth required for the payment of principal and interest on indebtedness, the following amounts:
General Fund Water Fund Library Fund
Appropriations $20,166,772 $3,206,971 $1,573,187
Estimated
Revenues $19,566,772 $3,206,971 $1,493,187
Appropriated
Fund Balance $ 600,000 $ 0 $ 80,000
Total Budgetary Appropriation to be raised by
Real Estate Tax Levy $14,158,885
Taxable Assessed Value $54,397,089
Tax Rate per $1,000 $260.29
FISCAL YEAR 2011-2012 TAX LEVY AND WARRANT
WHEREAS, the budget for the fiscal year commencing June 1, 2011, has been duly adopted and filed with the Village Clerk; and
WHEREAS, it has been thereby determined that the sum of $20,166,772 will be necessary to meet the obligations of the Village; and
WHEREAS, there has been duly credited as against said sum estimated revenues and appropriated fund balance aggregating $6,007,887 leaving $14,158,885 to be raised by the levying of taxes; and
WHEREAS, it appears from the Assessment Roll of the year 2011 for taxes for the fiscal year June 1, 2011 that the total assessed valuation of real property in the Village is $54,397,089;
NOW THEREFORE BE IT RESOLVED, that the tax rate for the Village of Tarrytown for the fiscal year commencing June 1, 2011 be and the same hereby is fixed at the rate of $260.29 on each $1,000 of assessed valuation for properties in the Village of Tarrytown.
BE IT FURTHER RESOLVED that the sum of $14,158,885, the same being taxes for the fiscal year commencing June 1, 2011 be, and the same hereby is, levied upon the taxable property in the Village of Tarrytown and that the Village Treasurer be and he hereby is authorized and directed to extend and carry out upon the roll the amount to be collected from each of the persons named thereon, and the respective amounts of said tax roll against each such parcel of taxable property set forth thereon be and the same hereby are levied upon each parcel of taxable property respectively which said levy includes items shown on the budget for the fiscal year commencing June 1, 2011.
Trustee McGovern moved, seconded by Trustee McGee and unanimously carried that the Special Meeting be adjourned at 6:55 p.m.
Respectfully submitted,
Michael S. Blau
Village Administrator
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