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Hempstead trustees adopt $72.88M budget
The Hempstead Village board of trustees has approved a $72.88 million budget for the fiscal year beginning June 1.
The board voted, 3-2, to adopt the budget during a special meeting Monday. The spending plan calls for a tax rate increase of 5.95 percent and a tax levy increase of 3.41 percent, just below the village’s state tax cap figure.
Mayor Wayne J. Hall Sr., Deputy Mayor Waylyn Hobbs Jr. and Trustee Luis Figueroa voted to approve the budget. Trustees Perry Pettus and Donald Ryan voted against it.
“People can’t afford to pay their taxes now. I can’t even afford to pay for these taxes,” said Pettus, adding the village should have put less money aside for expected retirements. “I just don’t think we needed a tax increase right now. We should have worked it out with the people.”
The largest items in the budget are nearly $24.8 million for public safety and $10.7 million for general government.
Hempstead officials estimate the village will obtain $57.06 million from taxes and $13.72 million from revenue other than real estate taxes, along with $2.1 million from an appropriated fund balance.