Honeoye Raises Tax
Levy by 11.8%
The Town of Richmond (Honeoye) Town Board voted at their November meeting to increase the tax levy by 11.8%. The tax levy will generate about $111,000 dollars, and cost property owners an additional $34 annually in town taxes on a property worth $103,000.
Most of the increase, according to Supervisor Caroline Sauers Supervisor’s report posted on the town website, is due to highway budget equipment purchases, as well as upcoming road and culvert repairs. According to Supervisor Caroline Sauers, “The Town Board has opted over the past few years to utilize Richmond’s fund balance to keep tax increases as low as possible with the goal of meeting new York State’s 2% tax cap. However, while Richmond is in good financial shape, it is not sustainable to draw more from the fund balance than is replaced during the year.”
In addition, we must be prepared to match grant funds that may be awarded to Richmond to address key community needs. The Town has already applied for a Mill Creek Streambank Stabilization and Remediation grant, to mitigate flood risks for local homes and businesses; and for The Honeoye Hamlet Transportation Corridor Study Grant, which would improve walking, biking and parking within the community while helping to fund the current Comprehensive Plan update. Additionally, should DEC studies to address persistent blue green algal blooms in Honeoye Lake be successful, Richmond would need unallocated fund balance to take advantage of matching grant opportunities for implementing a solution.”