The Village of Brooklyn’s proposed budget includes a 65-cent increase to the tax rate.
Clerk-treasurer Linda Kuhlman explained in an email to the Observer the rate is “not definite,” and a pair of loans expected to be considered Nov. 12 could change that number.
The Village Board will hold a public hearing on the budget that same night, beginning at 6:30 p.m. at Village Hall, 210 Commercial St. Kuhlman said the board will “likely” wait to vote on the budget until Nov. 26 so the loans considered Nov. 12 can be included in the final budget.
Board members will be considering loan terms for a new police department squad car and a new public works loader, Kuhlman said in her email.
Regardless of those loans, the rate will go up to at least $9.14 per $1,000 of property value, which itself is 26 cents above last year’s rate. That increase is largely from financing the new sewer, curb, gutter and street work on South Kerch Street, Hilltop Court and Hilltop Circle earlier this summer.
That $9.14 rate would be a $65 increase on a $250,000 home. The rate published in the proposed budget, $9.53, would amount to a $162.50 increase for the same owner.
Outside of the loans, there are mostly small changes in the budget proposal from last year.