Town Board meets to adopt the 2025 budget on THURSDAY at 6:30 p.m.
By John T Ryan
On THURSDAY, November 14, at 5:30 p.m., the Peru Town Board will hold a Special Meeting to adopt the town’s 2025 budget. On Monday, 4, 2024, the Board held a public hearing on its Preliminary Budget. No resident appeared before the Board to ask questions. The Peru Gazette asked Supervisor Craig Randall to outline the budget highlights.
While expenditures are increasing, the budget is under the state’s 2% tax cap (By $3,000). The board and town clerk-tax collector are not accepting a 2025 pay raise. All other employees will receive a 3% raise. As he has done several times, Supervisor Randall cautioned that staying under the tax cap in 2026 would be much more challenging given the planned water, wastewater treatment, and culvert upgrades.
The budgeted 2025 tax rates:
Town General – $1.552/M, down from $1.636 this year
Town Highway – $1.871/M, up from $1.783 this year
Town Sewer #1 – $!.968 /M, down from $2.07 this year
Valcour Residential $.25/M, down from $.332 this year
Valcour Commercial $.704/M, up from $.332 this year
Town Water $1.067/, down from $1.12 this year
EDITOR’S NOTE: THE ORIGINATIONAL POST STATED WEDNESDAY. THE CORRECT DAY IS THURSDAY.
Posted: November 13th, 2024 under Adirondack Region News, Community Events, General News, Peru News, Peru/Regional History, Town Board News.