Village of Maybrook 2026–2027 Special Budget Meeting
Monday, April 27, 2026 @ 7 pm at the Maybrook Senior Center
To begin our meeting, I’d like to provide a timeline for the Village Board and the 2026–2027 budget process.
On Friday, March 20th, the Village of Maybrook submitted and posted the tentative 2026–2027 budget on the Village website. Along with the budget, I included a summary that I personally prepare each year to help residents better understand the actual impact, as percentages alone can often be misleading. To ensure full transparency, the tentative budget was placed prominently on the front page of the Village website, and hard copies were made available at the Government Center upon request.
On Monday, April 20, 2026, a Tentative Budget Public Hearing was held at the Maybrook Government Center at 7:00 PM. This hearing serves as the community’s opportunity to review the plan and provide input before anything is finalized. The Village Board listened carefully to the concerns raised by residents and agreed to revisit the tentative 2026–2027 budget to explore ways to lessen the burden on taxpayers. As a result, a Special Budget Meeting was scheduled for this evening, Monday, April 27, 2026, at 7:00 PM at the Maybrook Senior Center.
Over the past week, I met with our auditors to discuss the appropriate use of fund balance. Based on their guidance, it is recommended that we not exceed $75,000 in fund balance usage. I also had several individual discussions with members of the Village Board, many of whom agreed with this recommendation. We then conducted a detailed review of the budget to identify additional opportunities for reductions.
The following are my recommendations for the Board’s consideration:
- Use of $75,000 from Fund Balance
- Contingent Account (A-05-1990-400): reduced from $81,713 to $71,713 ($10,000 reduction)
- Playground Contractual (A-05-7140-400): reduced from $65,000 to $55,000 ($10,000 reduction)
- Playground Equipment (A-05-7140-200): reduced from $10,000 to $5,000 ($5,000 reduction)
- Mayor Personal Services (A-05-1210-100): held at $22,002 (no increase; savings of $660)
- Board of Trustees Personal Services (A-05-1010-100): held at $32,711 (no increase; savings of $983 total / $245.33 per trustee)
Total Proposed Budget Reduction: $101,643
For context, surrounding tax rate increases are as follows:
- Town of Montgomery:
2025–2026: $18.73 → 2026–2027: $21.16 (12.97% increase) - Town of Hamptonburgh:
2025–2026: $10.82 → 2026–2027: $12.34 (14.05% increase)
Regarding the levy:
- The tentative budget initially reflected a $400,000 increase
- The modified budget reduces that increase to $298,357
- The balance to levy decreases from $2,622,401 to $2,520,758
Impact on Property Taxes
Montgomery Residents
- Tax Rate: $18.73 -> $21.16 ($22.00)
- $79,800 home assessment value: $1,479.65 -> 1,688.57 ( $1,755.60 with a decrease of $67.03 from TENTATIVE)
- Increase $208.92 annually ($275.95)
- $17.41 ($23.00)/month and $4.02 ($5.31)/week
- Tax Rate: $18.73 → $21.16 ($22.00)
- $125,000 home assessment value: $2,341.25 → $2,645 ($2,750.00 with a decrease of $105.00 from TENTATIVE)
- Increase $303.75 annually ($408.75)
- $25.31 ($34.06)/month | $5.84 ($7.86)/week
- Percent Increase: 12.97% (17.5% equals a 4.53% decrease from TENTATIVE)
Previous 6-year average increase: 3.3%
Hamptonburgh Residents
- Tax Rate: $10.82 → $12.34 ($12.83)
- $125,000 home assessment value: $1,352.50 → $1,542.50 ($1,603.75 with a decrease of $61.00 from TENTATIVE)
- Increase: $190.00 annually ($251.25)
- $15.83 ($20.94/month | $3.65 ($4.83)/week
- Percent Increase: 14.06% (18.59% equals a 4.53% decrease from TENTATIVE)
Previous 6-year average increase: 1.8%
Fund Balance
- Current Fund Balance: $784,941 will go to $709,941
Your feedback made a difference. The Village Board took a second look, made cuts, and worked to reduce the impact on taxpayers while still maintaining services. Thank you.
-Mayor Dennis K. Leahy