FALCONER - Despite increased costs for fuel, insurance and retirement payments, the proposed spending plan for the village of Falconer includes a 5 percent tax levy decrease.
The tax levy in the proposed 2013-14 Falconer budget is $788,416, which is $43,139 less than the current budget. David Kreig, Falconer mayor, said an increase in revenues is one reason for the 5 percent tax levy decrease. The tax levy is the amount of money raised through property taxes.
"Sales tax has gone up lately. With that and some good watching of our money, we were fine. We are staying real tight," he said.
The total tentative budget is $1,303,313, which is 2 percent higher than the 2012-13 budget.
"Retirement costs have gone up, which they have for everybody, and insurance cost, too," Kreig said about the increase in appropriations. "Along with fuel increases and things like that for vehicles, we've been hit pretty good by those costs."
The proposed tax rate is the same as this year's. The village's tax rate is $8.67 per $1,000 assessed property value.
A public hearing on the proposed budget will be held at 7 p.m. Monday at village hall. Kreig said the board plans to vote on the spending plan the same night as the public hearing. The village's fiscal year runs June 1 to May 31.