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Lindenhurst OKs $11M budget with tax hike

The Village of Lindenhurst was founded by Thomas

The Village of Lindenhurst was founded by Thomas and Abbey Wellwood in 1870. The town had been known as Wellwood until that year, when it was named Breslau after the hometown of its German settlers. The village was renamed Lindenhurst in 1891 and became an incorporated village in 1923. (Credit: Alexi Knock, 2011)

The Village of Lindenhurst has approved an $11 million budget that calls for a tax hike.

The village, hard-hit by superstorm Sandy, approved the budget following a public hearing on Tuesday night. The budget, for the fiscal year beginning March 1, comes with a 2.7 percent increase over the current year, going from $10.87 million to $11.17 million.

The budget raises the tax rate by 3.48 percent, which translates to an increase of 49 cents per $100 of assessed home value. For the average home assessed at $4,500, taxes will rise by $22.05, Village Clerk-Treasurer Shawn Cullinane said. The sanitation fee will remain $202 per one-family home.


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The budget pierces the state tax cap, which is 2.06 percent for the village, and raises the tax levy 2.65 percent, from $7.71 million to $7.91 million.

Cullinane said that the hike is due to continued increases in pension and health care costs. Pension fund costs are due to increase 2.94 percent this year to $350,000. Medical insurance costs are estimated to increase 10.37 percent to $1.44 million.

 

Tags: Lindenhurst , budget , approved

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