Lewisboro residents may get sticker shock next year if the town supervisor’s proposed budget – which calls for an 18 percent increase in the tax rate – is approved, according to an article by LoHud.com writer Rob Ryser.
The preliminary $10.8 million spending plan for 2013 would blow past the state’s 2 percent tax-cap law if adopted by the five-member town board, which includes Supervisor Peter Parsons.
Under the proposal, the tax rate would be $19.63 for every $1,000 of assessed property value. A resident with a home assessed at the town average of $52,500 would pay $1,031 next year, or $158 more.
“A lot of people in the town are going to be extremely upset,” Parsons said, explaining that a jump in health-benefit costs and a need to repave neglected roads fueled spending. “If the population doesn’t like what I am doing, they can throw me out.”
A public hearing on the budget has been scheduled for Nov. 19. To read Ryser’s complete coverage, click here.