Thursday, 08 October 2020 14:39

LEGAL NOTICE: City Council of the City of Saratoga Springs will conduct a public hearing on Tuesday, Oct. 20

By John P. Franck, City Clerk | Business

LEGAL NOTICE

PLEASE TAKE NOTICE that the City Council of the City of Saratoga Springs, New York will conduct a public hearing on Tuesday, October 20, 2020 at 6:45 p.m., or as soon thereafter as the below matter can be reached, in the City Council Room, City Hall, in the City of Saratoga Springs, New York, to hear all those persons who wish to speak in regard to the provisions of the proposed 2021 Comprehensive Budget for the City of Saratoga Springs, New York.  A second public hearing will be announced at a later date.

A copy of the proposed 2021 Comprehensive Budget and Budget Message is available for inspection in the City Clerk’s Office in City Hall, 474 Broadway, in the City of Saratoga Springs, Monday 9:00 a.m. – 5:00 p.m.; Tuesday through Friday 9:00 a.m. – 4:30 p.m., and on the City web site at http://www.saratoga-springs.org.

A summary of the proposed 2021 Comprehensive Budget is as follows:

Revenues – General Fund

Revenue without Tax Levy

-$24,795,943.88

Tax Levy (Real Property Tax)

-$17,083,984.00

Total General Fund Revenues

-$41,879,927.88

Expenses – All Funds

A - General Fund

$41,879,927.88

E - City Center Authority

$1,519,374

F - Water Fund

$4,056,543.96

G - Sewer Fund

$5,303,564.74

H - Capital Projects Fund

$11,194,660.00

P - Special Assessment District (SAD)

$138,262.00

Q - West Ave Special Assessment District (WASAD)

$51,003.00

V - Debt Service Fund

$4,673,980.28

GRAND TOTAL ALL FUNDS 

68,817,315.86

DRAFT Tax Rate Information

Taxable Assessed Value

$ 3,303,422,583.00

Draft Gen Fund Tax Levy

$ 17,083,984.00

Draft Debt Service Fund Tax Levy

 $4,074,228.00

Draft Combined* Tax Levy

$21,158,212

Draft Combined* Inside Tax Rate

$ 6.4324

Draft Combined* Outside Tax Rate

$ 6.3721

* Combined includes both Debt Service and General Fund.

These tax rates are preliminary only, for the purpose of this proposed 2021 Budget.
Dated:  October 7, 2020
CITY COUNCIL OF THE CITY OF SARATOGA SPRINGS, NEW YORK
By:    John P. Franck, City Clerk

Read 608 times
Login to post comments

Blotter

  • COURT Adam J. Ross, 38, of Greenfield Center, pleaded Oct. 8 to felony DWI in Saratoga Springs. Sentencing scheduled Dec. 10.  Brandon H. Welfinger, 24, of Malta, was sentenced Oct. 7 to two years state prison, after pleading to criminal sexual act in the third-degree. He was originally charged Dec. 10,2019.  Bruce Stanley, 76, of Halfmoon, pleaded Oct. 5 to sexual abuse in the first-degree. Sentencing scheduled Dec. 7.  POLICE Parvatie Sukhram, 29, of Schenectady, was charged Oct. 16 with three counts of criminal possession of stolen property, and grand larceny – both felonies. She is suspected of the thefts…

Property Transactions

  • BALLSTON Tracine Companion sold property at 30 Beacon St to Letty Rudes for $280,000. Gary Guilfoyle sold property at 738 Goode St to Lance Decker for $325,000. Michael Attanasio sold property at 36 Beacon St to Matthew Eberlein for $269,000. Rachel Schwendinger sold property at 25 Nolan Rd to Michael Dorsher for $308,400. David Barclay sold property at 18 Kingsbridge Ct to Zachary Ellis for $573,000. GALWAY Stephen Raeburn sold property at 4916 Jockey St to David Miller for $432,500. Richard Alkinburgh sold property at 1070 Palmer Rd to Barry Dibernardo for $369,000. Dennis Decker sold property at 5079 Jersey…
  • NYPA
  • Saratoga County Chamber
  • BBB Accredited Business
  • Saratoga Convention & Tourism Bureau
  • Saratoga Springs Downtown Business Association