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Hempstead Village holds budget hearing

The Hempstead Village Board will hold a public hearing Monday on the tentative $71.2-million budget for the fiscal year beginning June 1.

The tax rate is due to rise by 6.37 percent, to $69.27 per $100 assessed valuation.

Village officials estimate the village would obtain $54.7 million from property taxes, $14.4 million from other revenues and $2.1 million from an appropriated fund balance.

The largest items in the proposed budget are nearly $23.7 million for public safety and $10.4 million for general government.

The board will consider keeping the same annual compensation paid to each board member: $133,904 for the mayor and $28,560 for each of the four trustees.

A copy of the proposed budget is available for public viewing during regular office hours at the Village Clerk's Office. The hearing will begin at 6 p.m. Monday in Village Hall, 99 Nichols Ct.

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