Village of Corinth

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April 12, 2007

 

The following chart illustrates the cost of Village services per $1,000 of appraised tax value.  These numbers are based on the proposed 2007/2008 budget. 

 

2007/2008

COST

OF YOUR

VILLAGE

GOVERNMENT

 

 

 

 

 

 

 

ANNUAL

ANNUAL

ANNUAL

 

COST PER

COST $75,000

COST $85,000

COST $100,000

Department

 $    1,000.00

          HOME

       HOME

       HOME

 

 

 

 

 

administration

 $      0.7139

 $         53.54

 $          60.68

 $                71.39

legal cost

 $      0.1929

 $         14.47

 $          16.40

 $                19.29

police

 $      1.6067

 $       120.50

 $        136.57

 $               160.67

fire

 $      0.6525

 $         48.94

 $          55.46

 $                65.25

DPW

 $      2.0794

 $       155.96

 $        176.75

 $               207.94

SNOW REMOVAL

 $      0.7551

 $         56.63

 $          64.18

 $                75.51

BUILDING INSP.

 $      0.0649

 $           4.87

 $            5.52

 $                  6.49

STREET LIGHTS

 $      0.1544

 $         11.58

 $          13.12

 $                15.44

ECONOMIC DEVELOPMENT

 $      0.0219

 $           1.64

 $            1.86

 $                  2.19

PARKS/BEACH

 $      0.0623

 $           4.67

 $            5.30

 $                  6.23

YOUTH

 $      0.0570

 $           4.28

 $            4.85

 $                  5.70

LIBRARY

 $      0.0474

 $           3.56

 $            4.03

 $                  4.74

CELEBRATIONS

 $      0.0342

 $           2.57

 $            2.91

 $                  3.42

PLANNING/ ZONING BOARD

 $      0.0824

 $           6.18

 $            7.00

 $                  8.24

GARBAGE

 $      0.5727

 $         42.95

 $          48.68

 $                57.27

BEAUTIFICATION/TREES

 $      0.0175

 $           1.31

 $            1.49

 $                  1.75

RESERVES

 $      0.1403

 $         10.52

 $          11.93

 $                14.03

 

 $             -  

 $              -  

 $               -  

 $                     -  

DEBT SERVICE

 $      1.3102

 $         98.27

 $        111.37

 $               131.02

MISC.

 $      0.2043

 $         15.32

 $          17.37

 $                20.43

 

 

 $              -  

 $               -  

 $                     -  

 

 

 $              -  

 $               -  

 $                     -  

TOTALS:

 $      8.7700

 $       657.75

 $        745.45

 $               877.00

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

TAX INCREASE ON A $100,000 ASSESSMENT OVER LAST YEAR IS $26.00

Administration: Board, Mayor, Treasurer, Account Clerk & Clerk salaries, auditing services, legal ads, unallocated insurances, employee benefits and operation of the Village Hall. 

Youth: Playground Attendants and lifeguards at the Beach.

Economic Development: potential formation ofCorinth LDC

Debt Services: payments and interest on bonds