Mayor's Budget Message
Fiscal Year - June 1, 2013 - May 31, 2013
Every budget year presents challenges, and this year’s process was no exception. I would like to thank Deputy Mayor and Budget Director Joseph Hennessy for working so diligently on presenting a workable budget for board discussion. I would also like to acknowledge the countless hours spent by the board members in developing the budget for fiscal year 2013-2014.
Our goal was to provide the lowest possible tax increase to our residents while still maintaining the services that you have come to know. The new tax rate of $65.36 per $100 of assessed valuation equates to a tax rate increase of 2.25% with no cut in services.
Our revenue sources were again greatly affected by the low interest rates on investments and the drastic drop in the percentage that we receive from the mortgage tax. While the village actively seeks all grant opportunities, this is another area that has been hard hit by the economy. And as everyone knows, Hurricane Sandy affected Malverne as well. However, the Village is actively working with FEMA representatives for reimbursement on expenditures related to the storm.
Pension costs are again on the rise, and as everyone knows, the cost for health insurance continues to climb. Our budget also includes funding for the MTA mobility tax that was imposed upon employers.
There are, of course, many lines in this budget that we can control. Our change in providers of solid waste disposal continues to save the village money. In fact, current expenses in this area are still approximately $125,000 lower than they were three years ago. Our cardboard recycling continues to grow as another revenue source, and we encourage all residents to actively participate in this program. In June, we will again begin the competitive bidding process for our liability and property insurance coverage.
Even though grant opportunities have been drastically cut, all departments continue to submit applications. The Police Department again received grants for DWI and Seat Belt Enforcement. Our Justice Court was again awarded funds for equipment and will continue to apply in the upcoming year. Thanks to the efforts of Senator Dean Skelos, we have received funding to complete much needed repairs to the second floor of Village Hall. This upgrade will also include the purchase of energy efficient lighting at a significant cost savings due to available rebates which will also provide savings on electrical use. We will also be modernizing the area in Village Hall that is home to Channel 18 and Channel 30 with funding received from Verizon and Cablevision. This funding will also allow us to keep current with the technology needs required to run Malverne TV.
As a result of capital planning over several budget years, we have made repairs and upgrades to Village Hall, the Library, and the Fire House, as well as upgrades and additions to the Department of Public Works, and the Office of Emergency Management all without causing a significant tax impact to our resident. We have also been able to provide a home for the Malverne Volunteer Ambulance Corps. The only building that remains to be addressed is the police station which will be done during fiscal year 2013-2014.
Our early projection for the current operating budget indicates that we will end fiscal year 2012-13 with a surplus. This was accomplished through careful monitoring and department cooperation. This projected surplus was instrumental in our ability to use approximately $570,000 from our fund balance to offset next year’s operating expenses, thereby reducing the tax increase.
The adopted budget is available on the Village’s web site.
Mayor Patricia Norris Mc-Donald