Budgets established for Brocton

BROCTON – Leaders in the village of Brocton unanimously passed their 2014/2015 general budget at their regular bi-monthly meeting.

After holding an April 2 public hearing on their next budget, the village tax rate remained unchanged from the preliminary rate and was established as $11.02/$1,000 of assessed valuation. With the board’s stamp of approval, Brocton’s 2014/2015 budget was approved in the amount of $685,455 with expected revenues of $325,362; $70,000 tabulated from the unreserved fund balance and leaving $290,093.00 to be raised from taxes.

Brocton’s electric budget was also approved in the amount of $820,977, with expected revenues of $820,500 and $477 remaining in the unreserved fund balance.

The waste water budget was unanimously approved in the amount of $485,961, with expected revenues of $392,500 and $93,461 held over from the unreserved fund balance.

Trustees also unanimously approved the water budget in the amount of $499,092, with expected revenues of $437,000 and $62,092 remaining from the unreserved fund balance.

Mayor Dave Hazelton also reported to those at the meeting that proposed sewer rate increases have been clarified and the board established a May 7 public hearing at 6:45 p.m. to discuss the proposed increase.

Proposed increases will be discussed as follows: a .35/$1,000 in assessed valuation, an increase of the per unit charge from $22.75 to $25 and the per 1,000 gallon charge being raised from $3.03 to $4.03.

Regarding the proposed rate increases being established for increased costs and maintenance and operation expenses, the mayor noted, “I think this is a fair distribution of increases across the board, and this should equate to a $53,000 net increase for the sewer plant for this coming year’s revenues.”

The board of trustees will reconvene on May 7 at 6:30 p.m. for a public hearing on proposed water rate increases followed by a public hearing for the sewer rates. The regular meeting will follow at 7 p.m.