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Slight drop in tax rate expected following approval of Village of Potsdam 2021-22 budget

Posted 4/20/21

BY ADAM ATKINSON North Country This Week POTSDAM — The Potsdam village board has approved the 2021-22 budget which features total appropriations for the general fund of $6,512,332 and a slight drop …

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Slight drop in tax rate expected following approval of Village of Potsdam 2021-22 budget

Posted

BY ADAM ATKINSON
North Country This Week

POTSDAM — The Potsdam village board has approved the 2021-22 budget which features total appropriations for the general fund of $6,512,332 and a slight drop in individual tax rates for village residents.

The board approved the 2021-22 tax rate for individual residents, $18.28554 per $1,000 of assessed property value, and the budget at their meeting Monday, April 19.

The tax rate is a slight drop from the current year’s amount of $18.28746 per $1,000 of assessed value.

The village’s fiscal year begins June 1, 2021.

The numbers in the budget ended up being a little more favorable in the final version of the 2021-22 budget passed by the board than earlier preliminary incarnations.

Total tax levy in the budget for the general fund passed by the board Monday is $3,965,218 compared to $3,958,296 in the current year.

Copies of the budget are available at the village clerk’s office.