FOR IMMEDIATE RELEASE: September 28, 2016
MEDIA CONTACTS: Carole Trottere, Rebecca Cheng, Sam Marksheid, and Vicki DiStefano | (516) 869-7794
Supervisor Bosworth Presents Tentative 2017 Budget Plan
Fiscally conservative plan stays within State tax cap
North Hempstead, NY – North Hempstead Town Supervisor Judi Bosworth today submitted to the Town Board and the Town Clerk her tentative budget for 2017, a fiscal plan that will be voted on November 1, prior to Election Day, demonstrating her commitment to open and transparent government. The tentative budget is a balanced plan with a modest tax levy within the challenging New York State tax cap. This will qualify most taxpayers for a tax rebate on their New York State taxes.
The Town’s 2017 budget includes a $67 million General Fund, a $35 million Town Outside Village (TOV) Fund, and $24 million for the 20 Town–operated special districts.
“This budget is the result of a tremendous amount of hard work by our Comptroller’s Department, my senior staff and our Commissioners who together crafted a budget which stayed under the very challenging tax cap,” said Supervisor Bosworth. “I have asked each Town Commissioner to reduce expenses, to institute tight controls on costs and new hires. I am committed to continuing to provide Town residents with the services they deserve.”
In 2017 the Town will cease its reliance on the State’s pension loan program and continue to reduce its debt. Since the start of the Bosworth administration the Town has reduced its debt by $36 million, while maintaining the high level of services that our residents have come to expect.
The Town’s Parks and Recreation Department will continue to provide world-class concerts, multicultural events and myriad recreational opportunities. Under the Highway Department the snow removal budget will remain the same as last year to address recent trends in weather. Programming provided by the Department of Community Services will continue to make life more enjoyable for residents. Services provided to senior citizens through the Department of Services for the Aging (DOSA) and its Project Independence program will continue to be a national model by providing numerous services and programs for the Town’s seniors, including transportation services for grocery shopping and doctor appointments.
“This budget also reflects my stated commitment to pursue environment initiatives,” said the Supervisor.
This month, the Town received an Aa1 rating from the independent Wall Street bond rating agency Moody's Investors Service, Inc., which once again reaffirmed the Town's strong fiscal outlook.
“These positive ratings translate into lower interest rates and savings for taxpayers,” the Supervisor said of the Moody’s rating.
Budget hearings will be held on October 13 and October 25; all meetings at 7:30 p.m., all with opportunity for public comment. The Town Board will conduct a work session on October 7 at 10 a.m.
A vote on the budget by the Town Board will also take place on November 1, prior to Election Day.
To view the tentative budget, click here.