FOR IMMEDIATE RELEASE: October 3, 2019
MEDIA CONTACTS: Carole Trottere, Rebecca Cheng, and Matt Leonenko | (516) 869-7794
Supervisor Bosworth Presents
Tentative 2020 Budget Plan
Town’s spending plan focuses on infrastructure of parks & roads with no cuts to services
North Hempstead, NY – North Hempstead Town Supervisor Judi Bosworth submitted to the Town Board and the Town Clerk her tentative budget for 2020, a plan that continues to demonstrate her conservative fiscal management.
The $135 million tentative budget is broken down into $69.3 million in the General Fund, $38.3 million for the TOV Fund, and $27.7 million for the 20 Town–operated special districts.
The 2020 budget plan stays under the New York State tax cap and will include no cuts to services for residents. Supervisor Bosworth and the Town Board have committed that the final budget will be voted on October 30, prior to Election Day. The tentative budget supports the Town’s focus on investing in its parks and roads infrastructure to ensure that residents have the best experience possible at Town facilities.
The General Fund tax levy will increase by 1.28% with additional focus placed on facility enhancements. The Town Outside Village Fund will increase by .37%, reflecting increased resources devoted to the Highways Division for road improvements and snow equipment preparedness. The tax increase is $11.47 for the general fund and $6.78 for the Town Outside Village (TOV) Fund per household.
“This budget reflects the collective effort of our commissioners, and department heads as well as our finance team who crafted a budget that once again will stay under the tax cap,” said Supervisor Bosworth. “The Town has received a Aaa bond rating, just reaffirmed this month, because of our conservative and careful guardianship of taxpayer funds. The new budget continues to hold the line on spending and I commend our commissioners for working with our dedicated finance team to make this budget happen. I am committed to responsibly providing Town residents with the services they deserve.”
Budget hearings will be held October 10 at 7 p.m. and October 24 at 7 p.m. and are open to the public. The Board will hold a work session on October 3 at 10 a.m. A vote on the budget by the Town Board will also take place at a meeting on October at 7 p.m., prior to Election Day.