Mayor Dennis K. Leahy

Village of Maybrook Board Meeting

          

Monday, April 8, 2024 at 7 pm

 

 

 

Village of Maybrook Budget 2024-25- A budget work session was held on Wednesday, February 21, 2024. The Tentative Village of Maybrook Budget for 2024-25 was filed by the deadline, which was on Wednesday, March 20, 2024. Hard copies were available for residents at the Maybrook Government Center and the budget was posted on the Village of Maybrook website. All residents who requested copies of the 2024-25 Tentative Budget were accommodated. 

The TENTATIVE Village Budget for 2024-25 includes.

  • 3 % increase with a rate of $18.05 per thousand assessed for Montgomery.
  • 4 % increase with a rate of $10.94 per thousand assessed for Hamptonburg.

 

2022-23 Balance to Tax Levy = $2,047,177.13

2024-25 Balance to Tax Levy = $2,122,401.02

________________________

= $75,223.89 increase in Tax Levy

 

NO FUND BALANCE is applied to this budget!

This is the 6th straight year ZERO FUND BALANCE WAS APPLIED

   

 

 

Montgomery

The tax rate for Montgomery (Maybrook) residents for 2023-24 was $17.51.

Example: A $200k assessed home in Maybrook paid $3,502.00.

The tax rate for Montgomery (Maybrook) residents for 2024-25 will be $18.05 which is an increase of $0.54 which equates to 3 %.

Example: A $200k assessed home in Maybrook will pay $3,610.00 which is an increase of $108.00 per year and $9 per month.

 

Hamptonburg

The tax rate for Hamptonburg (Maybrook) residents for 2023-24 was $10.53.

 Example: A $200k assessed home in Hamptonburg paid $2,106.00

The tax rate for Hamptonburg (Maybrook) residents for 2024-25 will be $10.95 which is an increase of $0.42 which equates to 4 %.

Example: A $200k assessed home in Hamptonburg will pay $2,190.00 which is an increase of $84.00 per year and $7 per month.

 

  • Maybrook Railroad Museum “Open House” – The Maybrook Railroad Museum held an “Open House” on Sunday, April 7th. The Museum will be open on Saturday’s and Sunday’s from 1 pm to 4 pm. The museum is open to the public and provides the history of the Maybrook Railyard.
  • Next Village Board Meeting- The next Village Board Meeting will be held on Monday, April 22, 2024 at the Maybrook Government Center beginning at 7 pm.  

                                                                                                      

Respectfully,

Mayor Dennis K. Leahy