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HARRISON, N.Y. – The 2013 Harrison budget was approved Thursday night at the Town Board meeting and it features a 2.940 percent tax rate increase from the adopted 2012 budget of $54,832,424, but falls within the New York State-mandated two percent tax cap.
The 2013 budget comes in at $55,919,315 – which is a decrease from the preliminary budget of $55,966,000 due to changes. The total town/village tax levy – $42,551,899 – is an increase from the 2012 levy of $41,543,155.
Regarding the mandated cap, Harrison Comptroller Maureen MacKenzie, Harrison Comptroller said "There are exclusions that are allowed by the state. There are exclusions for pension and there's also a growth factor that's calculated within their formula. We don't have any pension exclusions this year, but there is a growth factor."
The dollar increase for town taxes by estimated home value is as follows:
$250,000: $38.93
$500,000: $77.87
$600,000: $93.44
$650,000: $101.22
$700,000: $109.01
$750,000: $116.80
$1,000,000: $155.73
$2,000,000: $311.46
The 2013 budget will go into effect on Jan. 1.
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