Mayor & Board of Trustees

1 TENTATIVE BUDGET 2022 - 2023 Public Presentation Mayor / Board of Trustees March 2022  2 FY 2022/23 Budget Calendar  3 22/23 Tentative Budget General Fund Revenue Change Summary 2019/20 2020/21 2021/22 2021/22 2021/22 2022/23 $ Change % Change Adjusted Actuals YTD Adjusted to Adjusted to Category Actuals Actuals Budget 3/18/22 Projected Tentative Tentative Tentative Real Property Tax* $11,240,860 $11,729,800 $12,493,265 $12,382,609 $12,470,530 $12,493,265 $0 0.00% Property Tax Items $50,159 $102,411 $47,650 $55,040 $64,901 $55,040 $7,390 15.51% Sales Tax $1,572,373 $1,812,474 $1,580,000 $1,025,018 $1,831,029 $1,888,000 $308,000 19.49% Other Non Property Tax Items $372,850 $385,145 $385,282 $241,209 $377,146 $385,282 $0 0.00% Departmental Income $1,842,533 $1,059,535 $1,417,536 $1,466,776 $1,762,018 $1,921,376 $503,840 35.54% Use of Money and Property $370,605 $476,885 $325,313 $185,210 $357,899 $165,192 ($160,121) -49.22% Licenses/Permits $541,685 $657,032 $583,000 $792,278 $818,115 $668,700 $85,700 14.70% Fines & Forfeitures $198,604 $65,194 $85,500 $193,054 $242,566 $201,000 $115,500 135.09% Other Misc $249,105 $101,998 $108,914 $87,338 $113,282 $122,645 $13,731 12.61% Misc Local Sources $54,698 $71,366 $30,645 $15,492 $51,833 $37,081 $6,436 21.00% Interfund Revenue $1,124,869 $923,957 $882,783 $388,070 $832,783 $437,905 ($444,878) -50.39% State/Federal Aid** $326,209 $306,097 $403,732 $433,452 $826,012 $826,411 $422,679 104.69% Mortgage Tax $244,838 $326,035 $285,000 $180,514 $259,483 $260,000 ($25,000) -8.77% Total Revenues $18,189,389 $18,017,930 $18,628,620 $17,446,058 $20,007,598 $19,461,896 $833,276 4.47% Use of Fund Balance $0 $0 $0 $0 $0 $175,000 $175,000 Tentative Tax Levy Increase $814,391 $814,391 6.52% Total Revenues & Use of Fund $1,647,667 8.84% Balance $18,189,389 $18,017,930 $18,628,620 $17,446,058 $20,007,598 $20,276,287 *2022/23 Proposed Tax - does not reflect Tax Levy increase (see Tax Levy Increase) ** Includes ARPA Funds $415,076 (21/22 Act. And 22/23 Tentative)  4 22/23 Tentative Budget General Fund Departmental Expense Change Summary 2019/20 2020/21 2021/22 2021/22 2021/22 2022/23 $ Change % Change Adjusted Actuals YTD Adjusted to Adjusted to Category Actuals Actuals Budget 3/18/22 Projected Tentative Tentative Tentative Board Of Trustees $36,593 $36,251 $129,592 $64,048 $139,170 $70,750 ($58,842) -45.41% Engineer/Building Inspection $284,571 $322,408 $374,213 $279,643 $347,971 $401,372 $27,158 7.26% Fire/Ambulance $695,274 $776,725 $874,086 $523,459 $899,688 $950,583 $76,497 8.75% Police $3,259,159 $3,461,020 $3,202,917 $2,688,338 $3,333,471 $3,435,197 $232,279 7.25% Public Works $3,541,292 $3,723,861 $3,712,205 $2,852,956 $3,772,634 $3,832,208 $120,004 3.23% Recreation $1,127,468 $865,716 $1,146,246 $918,269 $1,171,428 $1,423,004 $276,758 24.14% Village Clerk $245,592 $183,844 $135,057 $96,921 $138,659 $147,964 $12,907 9.56% Village Justice $194,123 $196,182 $207,897 $149,263 $202,089 $192,558 ($15,339) -7.38% Village Treasurer $225,197 $222,116 $228,853 $193,937 $239,853 $255,472 $26,619 11.63% Village Manager $432,486 $413,904 $453,384 $384,115 $468,310 $380,703 ($72,681) -16.03% Emp. Benefit, Health $1,541,207 $1,491,444 $1,417,499 $1,161,533 $1,423,366 $1,588,007 $170,507 12.03% Emp. Benefit, Other $112,637 $119,823 $120,294 $110,832 $141,801 $124,755 $4,461 3.71% Emp. Benefit, Pension $1,142,414 $1,210,332 $1,434,798 $1,455,198 $1,455,198 $1,413,323 ($21,475) -1.50% Total Departmental Expense $12,838,013 $13,023,625 $13,437,041 $10,878,511 $13,733,636 $14,215,895 $778,854 5.80%  5 22/23 Tentative Budget General Fund Non-Departmental Expense Change Summary 2019/20 2020/21 2021/22 2021/22 2021/22 2022/23 $ Change % Change Adjusted Actuals YTD Adjusted to Adjusted to Category Actuals Actuals Projected Tentative Budget 3/18/22 Tentative Tentative Contingent/Tax Refunds $31,148 $281,992 $261,940 $135,709 $196,503 $327,686 $65,746 25.10% Debt Service/Leases $920,185 $84,447 $191,609 $103,073 $127,761 $145,476 ($46,132) -24.08% Emp. Benefit, Other $2,301 $2,559 $2,768 $0 $2,695 $2,678 ($90) -3.25% Gasoline/Diesel $91,699 $103,478 $104,460 $81,356 $166,678 $188,610 $84,150 80.56% Information Technology $92,272 $106,263 $102,296 $87,484 $103,792 $117,989 $15,693 15.34% Insurances, Phones, Other $787,387 $741,000 $692,521 $599,436 $753,610 $671,719 ($20,802) -3.00% Retiree Benefit, Health $666,376 $691,149 $786,530 $628,491 $747,258 $900,673 $114,143 14.51% Transfer to Capital Fund $103,144 $89,000 $50,000 $50,000 $50,000 $415,076 $365,076 730.15% Transfer to Debt Service $2,079,029 $2,237,230 $2,174,118 $2,009,162 $2,174,118 $2,526,720 $352,602 16.22% Transfer to Library $606,680 $638,217 $607,191 $467,402 $607,191 $655,000 $47,809 7.87% Utilities - Electric and Natural Gas $211,949 $215,691 $229,035 $160,049 $233,423 $283,765 $54,730 23.90% Total Non-Departmental Expense $5,592,170 $5,191,026 $5,202,469 $4,322,161 $5,163,030 $6,235,392 $1,032,924 19.85%  6 22/23 Tentative Budget Six Major Expenditure Items $ Change % Change 2021-22 2022-23 Adjusted Adjusted to Adjusted to Tentative Tentative Tentative Budget Personal Services $6,949,004 $7,294,866 $345,862 4.98% Debt Service $2,090,207 $2,378,165 $287,958 13.78% Health Insurance $2,080,900 $2,378,165 $297,265 14.29% Retirement Contribution $1,434,798 $1,413,323 -$21,475 -1.50% Transfer to Library $599,789 $655,000 $55,211 9.21% Social Security $533,978 $542,641 $8,663 1.62% Total $13,688,676 $14,662,160 $973,484 7.11% Total Expenditures $18,577,855 $20,451,287 Percentage of Expenditures 73.68% 71.69% to total budget  7 WATER, LIBRARY AND DEBT SERVICE FUNDS REVENUE & EXPENSE  8 22/23 Tentative Budget Water Fund Summary 2019/20 2020/21 2021/22 2021/22 2021/22 2022/23 $ Change % Change Adjusted Adjusted to Adjusted to Actuals Actuals Actuals Projected Tentative Category Budget Tentative Tentative Departmental Income $4,572,044 $5,185,021 $5,126,700 $3,319,863 $5,036,849 $5,505,908 $379,208 7.40% Other Misc $16,969 $13,205 $16,398 $26,813 $36,745 $22,469 $6,071 37.03% Interfund Revenue $0 $31,185 $342,329 $201,165 $372,329 $310,171 ($32,158) -9.39% Use of Money and Property $13,909 $0 $0 $40,007 $40,008 $0 $0 Total Revenues $4,602,922 $5,229,411 $5,485,427 $3,587,847 $5,485,931 $5,838,549 $353,121 6.44% Use of Fund Balance $0 $248,139 $287,019 $0 $0 Total Revenues & Surplus $4,602,922 $5,477,550 $5,772,446 $3,587,847 $5,485,931 $5,838,549 $66,102 1.15% Total Departmental Expense $3,428,713 $3,046,149 $3,228,354 $2,273,009 $2,992,676 $3,134,051 ($94,302) -2.92% Total Water Wide Expense $2,495,150 $2,439,326 $2,544,092 $1,574,562 $2,565,124 $2,704,498 $160,405 6.31% Total Expense $5,923,864 $5,485,475 $5,772,446 $3,847,571 $5,557,800 $5,838,549 $66,103 1.15% Variance ($71,868) $0 * Includes new Meter Ready to Serve Fee  9 Ready to Serve- Proposed Meter Fee Schedule  10 22/23 Tentative Budget Water Department Expense Detail 2019/20 2020/21 2021/22 2021-22 2021-22 2022-23 $ Change % Change Adjusted Projected Tentative Adjusted to Adjusted to Actuals Actuals Actuals Budget Actuals Budget Tentative Tentative Buildings $6,258 $1,459 $5,092 $1,039 $4,285 $2,500 (2,592) -50.91% Central Garage Water $60,389 $56,911 $62,002 $45,982 $61,415 $60,332 (1,670) -2.69% Sanitary Sewers General $459,117 $149,111 $162,770 $117,708 $163,650 $156,862 (5,908) -3.63% Source of $1,253,325 $1,254,192 $1,367,919 $723,377 $1,070,453 $1,246,390 (121,530) -8.88% Supply,Power,Pumping Transmission and Distribution $450,939 $458,958 $455,558 $369,823 $484,491 $465,727 10,169 2.23% Water Village Manager $50,285 $49,563 $44,553 $38,983 $50,435 $48,925 4,372 9.81% Village Treasurer $9,450 $12,950 $10,079 $12,707 $12,707 $12,088 2,009 19.93% Water Administration $720,244 $638,775 $672,728 $517,910 $672,561 $676,045 3,317 0.49% Emp. Benefit, Health $266,545 $246,553 $255,125 $243,172 $263,311 $278,079 22,955 9.00% Emp. Benefit, Other $15,667 $28,028 $24,789 $18,660 $25,718 $18,216 (6,574) -26.52% Emp. Benefit, Pension $136,494 $149,649 $167,738 $183,649 $183,649 $168,887 1,149 0.69% Total Water Department $3,428,713 $3,046,149 $3,228,354 $2,273,009 $2,992,676 $3,134,051 (94,302.48) -2.92% Expense  11 22/23 Tentative Budget Water Non-Departmental Expense Detail 2019/20 2020/21 2021/22 2021-22 2021-22 2022-23 $ Change % Change Adjusted Projected Tentative Adjusted to Adjusted to Actuals Actuals Actuals Budget Actuals Budget Tentative Tentative Contingent Other $30,965 $25,418 $75,948 $0 $35,120 $103,157 27,209 35.83% Debt Service/Leases $7,726 $55,395 $134,695 $125,320 $134,691 $88,799 (45,896) -34.07% Emp. Benefit, Other $174 $187 $203 $197 $197 $203 0 0.00% Gasoline/Diesel $20,796 $11,919 $16,500 $6,059 $10,249 $15,500 (1,000) -6.06% Information Technology $1,587 $19,064 $21,015 $14,674 $21,515 $26,237 5,222 24.85% Insurances, Phones, Other $154,993 $211,742 $177,471 $176,023 $182,290 $183,134 5,662 3.19% Retiree Benefit, Health $38,711 $42,028 $41,550 $36,533 $44,418 $78,471 36,921 88.86% Transfer to Debt Service $1,682,747 $1,771,546 $1,821,483 $1,077,722 $1,852,070 $1,922,055 100,572 5.52% Transfer to General Fund $368,264 $120,000 $57,408 $0 $57,408 $57,408 0 0.00% Utilities - Electric and Natural $141,537 $151,254 $157,000 $130,613 $185,138 $195,834 38,834 24.74% Gas Water Administration Tri $47,652 $30,773 $40,820 $7,420 $42,027 $33,700 (7,120) -17.44% Village Total Water Non-Departmental $2,495,150 $2,439,326 $2,544,093 $1,574,562 $2,565,124 $2,704,498 160,405 6.30% Expense Total Expense Budget $5,923,864 $5,485,475 $5,772,446 $3,847,571 $5,557,800 $5,838,549 66,103 1.15%  12 22/23 Tentative Budget Library Fund Summary 2019/20 2020/21 2021/22 2021/22 2021/22 2022/23 $ Change % Change Adjusted to Adjusted to Category Actuals Actuals Adjusted Actuals Projected Tentative Tentative Tentative Departmental Income $6,119 $271 $781 $2,225 $2,400 $1,200 $419 53.65% Use of Money and Property $2,681 $2,431 $2,400 $1,802 $2,410 $2,400 $0 0.00% Other Misc $9,945 $15,736 $15,806 $12,303 $14,509 $19,928 $4,122 26.08% Interfund Revenue $606,680 $638,217 $607,191 $467,402 $607,191 $655,000 $47,809 7.87% Total Revenues $625,425 $656,655 $626,178 $483,732 $626,510 $678,528 $52,350 8.36% Use of Fund Balance $56,942 $13,177 $48,381 $0 $48,381 $0 ($48,381) Total Revenues & Fund Balance $682,367 $669,832 $674,559 $483,732 $674,891 $678,528 $3,969 0.59% Total Departmental Expense $622,217 $609,510 $617,158 $471,593 $613,727 $613,282 ($3,875) -0.63% Total Non Departmental Expense $60,150 $58,197 $59,020 $41,927 $58,048 $65,246 $6,225 10.55% Total Expense $682,367 $667,707 $676,178 $513,519 $671,774 $678,528 $2,350 0.35% Variance $0 $2,125 ($1,619) ($29,787) $3,117 $0  13 22/23 Tentative Budget Library Fund Expense Detail 2019/20 2020/21 2021/22 2021-22 2021-22 2022-23 $ Change % Change Adjusted Projected Tentative Adjusted to Adjusted to Actuals Actuals Actuals Budget Actuals Budget Tentative Tentative Library $475,141 $459,700 $449,752 $346,895 $470,656 $457,975 8,223 1.83% Emp. Benefit, Health $101,036 $95,295 $112,650 $73,918 $90,501 $102,139 (10,511) -9.33% Emp. Benefit, Other $3,210 $3,776 $5,010 $1,844 $2,850 $7,010 2,000 39.92% Emp. Benefit, Pension $38,060 $46,063 $45,029 $45,029 $45,029 $41,409 (3,620) -8.04% Retiree Benefit, Health $4,771 $4,675 $4,717 $3,906 $4,691 $4,749 32 0.69% Total Departmental Expense $622,217 $609,510 $617,158 $471,593 $613,727 $613,282 (3,875) -0.63% 2019/20 2020/21 2021/22 2021-22 2021-22 2022-23 $ Change % Change Adjusted Projected Tentative Adjusted to Adjusted to Actuals Actuals Actuals Budget Actuals Budget Tentative Tentative Contingent Other $390 $325 $1,976 $0 $390 $3,400 1,424 72.08% Emp. Benefit, Other $386 $166 $180 $0 $175 $135 (45) -25.00% Insurances, Phones, Other $29,414 $30,449 $26,300 $22,352 $28,091 $27,156 855 3.25% Retiree Benefit, Health $7,110 $4,246 $3,564 $2,555 $3,555 $4,083 519 14.56% Utilities - Electric and Natural $22,851 $23,012 $27,000 $17,019 $25,836 $30,472 3,472 12.86% Gas Total Non Departmental $60,150 $58,197 $59,020 $41,927 $58,048 $65,246 6,225 10.55% Expense Total Expense Budget $682,367 $667,707 $676,178 $513,519 $671,774 $678,528 2,350 0.35%  14 22/23 Tentative Budget Debt Fund Summary 2019/20 2020/21 2021/22 2021/22 2021/22 2022/23 $ Change % Change Projected Tentative Adjusted to Adjusted to Actuals Actuals Budget Actuals Category Actuals Budget Tentative Tentative Interest & Earnings $0 $9,519 $0 $92 $110 $0 $0 Other Unclassified Revenue $583,192 $583,192 $583,192 $583,192 $583,192 $583,192 $0 Premium on Obligations $979,472 $744,974 $0 $419,991 $419,991 $0 $0 Refunding Bond Issue Proceeds $3,660,207 $7,650,000 $0 $0 $0 $0 $0 Transfer In- From Capital Fund $0 $460,895 $0 $46,225 $46,225 $0 $0 Transfer In- From General Fund $2,058,154 $2,175,225 $2,174,118 $2,009,162 $2,174,118 $2,526,720 $352,602 16.22% Transfer In- From Water Fund $1,059,373 $1,726,546 $1,727,070 $1,080,128 $1,727,070 $1,746,588 $19,518 1.13% Total Revenues $8,340,397 $13,350,350 $4,484,380 $4,138,789 $4,950,706 $4,856,500 $372,120 8.30% Fund Balance $533,747 $533,747 $107,476 -$426,271 -79.86% Total Revenues & Fund Balance $8,340,397 $13,350,350 $5,018,127 $4,138,789 $5,484,453 $4,963,976 $317,968 6.34% Fiscal Fees Other Expenses $80,223 $156,555 $0 $0 $156,556 $0 $0 Pmnt to Refunding Escrow Agent $4,156,161 $8,216,413 $0 $0 $0 $0 $0 Serial Bonds (Principal) $2,355,000 $2,870,000 $2,900,000 $2,539,250 $2,900,000 $3,149,000 $249,000 8.59% Serial Bonds Interest Exp $762,527 $1,093,776 $1,001,188 $550,040 $1,093,777 $1,124,308 $123,120 12.30% Transfer To Gen Fund- $583,192 $792,635 $774,610 $387,305 $774,610 $380,497 ($394,114) -50.88% Transfer to Wtr Fund- $0 $31,185 $342,329 $171,165 $342,329 $310,171 ($32,158) -9.39% Total Debt Fund Expense $7,937,102 $13,160,564 $5,018,127 $3,647,760 $5,267,272 $4,963,976 ($54,152) -1.08% Variance $403,295 $189,786 $0 $491,029 $217,181 $0  15 21/22 YEAR END PROJECTED FUND BALANCE & 22/23 TENTATIVE BUDGET PROPOSED ALLOCATIONS  16 Village of Briarcliff Manor Fund Balance Analysis 21/2022 Estimated Projections Fund A F L V Totals 21/22 Projected Revenue 20,007,598 5,485,931 626,510 4,950,706 31,070,745 21/22 Projected Expense 18,899,666 5,557,800 671,775 5,267,272 30,396,513 2021/22 Projected Activity 857,932 (71,868) (45,265) (316,566) 674,233 21/22 Budgeted Use of FB - 294,519 48,381 533,747 876,647 2020/21 Fund Balance 2,355,957 888,512 51,993 1,141,782 3,296,462 % to 20/21 Expense Budget 12.47% 15.99% 7.74% 21.68% 10.84% Estimated Year End 21/22 Fund Balance 3,213,889 816,644 6,728 825,216 4,037,261 % to 21/22 Expense Budget 17.01% 14.69% 1.00% 15.67% 13.28%  17 Village of Briarcliff Manor Fund Balance Analysis 21/2022 Estimated Projections, 22/23 Allocations and Fund Balances Fund A F L V Totals Estimated Year End 21/22 Fund Balance Before Allocations 3,213,889 816,644 6,728 825,216 4,037,261 % to 21/22 Expense Budget 17.01% 14.69% 1.00% 15.67% 13.28% Proposed 22/23 Tax Relief Allocation 175,000 - - 107,476 282,476 Estimated 22/23 Capital Budget 350,000 - 350,000 Allocation* Estimated Net Impact of Allocations 2,688,889 816,644 6,728 717,740 4,230,001 to Year End 21/22 % to Expense Budget 14.23% 14.69% 1.00% 13.63% 13.92% *Contingent on final 21/22 Audit  18 TAX LEVY & TAX RATE CALCULATIONS  19 PROPORTIONAL SHARE OF TOTAL PROPERTY TAX LEVY 21/22 Town of Ossining FY 21/22- Town of Mt. Pleasant FY 21/22 - 91.3% of Total VBM 8.7 % of Total VBM Assessment Assessment Village, Village, 21.44% 18.31%… County, County, 14.66%, 12.11% School, School, 67.03%, ( 66.45%, School School County County Village February 22, 2022  20 ASSESSED VALUE 6 YEAR HISTORY %Inc Assessed Value Yr/Yr Town of Town of M ount Full M arket Value Fiscal Year $ Inc Yr/Yr Ossining Pleasant (FM V) (FM V) 2017-18 $1,793,007,525 $168,462,566 $1,961,470,091 $52,290,796 2.74% 2018-19 $1,825,949,543 $180,943,916 $2,006,893,459 $45,423,368 2.32% 2019-20 $1,862,884,209 $181,300,493 $2,044,184,702 $37,291,243 1.86% 2020-21 $1,928,481,955 $182,648,643 $2,111,130,598 $66,945,896 3.27% 2021-22* $1,983,334,779 $187,352,044 $2,170,686,823 $59,556,225 2.82% 2022-23* $1,951,389,437 $197,799,618 $2,149,189,055 -$21,497,767 -0.99% Assessment Variance ($31,945,342) $10,447,575 from PY *For reference: the loss in the Ossining assessments 2021 (91% of total expense) requires the redistribution of $183k in the 21/22 tax levy February 22, 2022  21 2022/2023 TAX CAP CALCULATION THE TAX CAP CALCULATION FOR 2022/23 Prior Levy 12,493,265 Additional Tax Collected 0 Total Levy 2021/22 12,493,265 + 0- 0= 12,493,265 X 1.0216 = 12,763,120 + 0- 0= Tax base Tort Prior fiscal Prior Year growth PILOTs - prior Exclusion year Levy Reserve offset Reserve amount factor fiscal year Prior Year 12,763,120 X 1.02 = 13,018,382 - 0= 13,018,382 + = 13,018,382 525,117 PILOTs - Police and Fire Allowable Increase coming Retirement 4.20% over PY Tax Levy **Allowable tax fiscal System Tax Levy levy growth factor year Exclusion Limit 4.20% Figures calculated and provide by NYS Comptroller **Tax base growth factor - related to the increases and decreases of assesment values in the Village tax rolls *Allowable Levy Growth Factor - Tied to the actual rate of inflation  22 2022/23 Budget Tentative Tax Rates 2018/19 2019/20 2020/21 2021/22 2022/23-Tentative TOTAL GF EXPENDITURES $ 17,603,657.75 $ 18,205,728.19 $ 18,198,558.34 $ 18,577,855.00 $ 20,451,287.40 TOTAL NON-TAX REVENUES $ 6,575,780.75 $ 6,900,739.19 $ 6,580,730.34 $ 6,084,590.00 $ 6,968,631.40 Approp/Overlay/Other Funds $ - $ - $ - $ - $ 175,000.00 TOTAL TAXATION 2018/19 2019/20 2020/21 2021/22 2022/23-Tentative Expenditures 17,586,288 18,205,728 18,198,558 18,577,855 20,451,287 Revenues 6,558,411 6,900,739 6,580,730 6,084,590 6,968,631 Appropriated Funds - - - - 175,000 Tax Levy 11,027,891 11,304,989 11,617,828 12,493,265 13,307,656 Total Percent Increase 2.69% 2.51% 2.77% 7.54% 6.52% Allowable Tax Cap Increase 2.02% 2.51% 2.77% 4.58% 4.20% Over/under Tax Cap 0.67% 0.00% 0.00% 2.96% 2.32%  23 2022/23 Budget Tentative Tax Rates 2018/19 2019/20 2020/21 2021/22 2022/23-Tentative TOWN OF OSSINING-Avg Home Assessment 22/23= $721,921 100.00% 100.00% 100.00% 100.00% 100.00% Percent of Village assessment 90.98388% 91.13091% 91.34830% 91.36900% 90.79074% Expenditures 16,016,491 16,591,047 16,624,074 16,974,400 18,567,876 Revenues 5,982,900 6,288,707 6,011,385 5,559,429 6,326,872 Appropriated Funds - - - - 158,884 Tax Levy 10,033,590 10,302,340 10,612,689 11,414,971 12,082,120 Assess Valuation 1,825,949,543 1,862,884,209 1,928,481,955 1,983,334,779 1,951,389,437 Tax Rate Per $1,000 of Assessed Valuation 5.49 5.53 5.50 5.76 6.19 Dollar Increase (0.04) 0.04 (0.03) 0.25 0.44 Percentage Increase -0.72% 0.73% -0.49% 4.58% 7.58% Avg Tax increase/Decrease $ (31.45) $ 28.69 $ (19.36) $ 182.16 $ 314.83 Avg Tax Bill $ 3,967.69 $ 4,077.78 $ 4,057.71 $ 4,243.94 $ 4,469.81 TOWN OF MT PLEASANT-Avg Home Assessment 22/23= $9,300 (FMV 710k) 1.43% 1.42% 1.40% 1.37% 1.31% Percent of Village assessment 9.01612% 9.20926% 8.65170% 8.63100% 9.20926% Expenditures 1,587,167 1,676,613 1,574,484 1,603,455 1,883,412 Revenues 592,880 635,507 569,345 525,161 641,759 Appropriated Funds - - - - 16,116 Tax Levy 994,287 1,041,106 1,005,139 1,078,294 1,225,536 Assess Valuation 2,587,498 2,574,467 2,557,081 2,566,723 2,592,975 Tax Rate Per $1,000 of Assessed Valuation 384.27 404.40 393.08 420.11 472.64 Dollar Increase 3.01 40.61 (11.32) 27.02 52.53 Percentage Increase 0.79% 5.24% -2.80% 6.88% 12.50% Avg Tax increase/Decrease $ 29.35 $ 395.99 $ (103.54) $ 247.27 $ 488.55 Avg Tax Bill $ 3,745.82 $ 3,943.72 $ 3,833.36 $ 3,843.96 $ 4,395.53