Village of Montgomery taxpayers will see a minimal increase of 1.8 percent in their tax rate for the 2019-20 budget.
The tax rate increased from $15.48 per $1,000 home valuation to $15.76 this year. Ronald Clum, CPA, said the budget increase is under the 2 percent village tax cap.
The balance of appropriation to be raised by the real estate tax levy increased by $70,000, from $2.85 million in 2018-19 to $2.92 million in 19-20.
The trustees saw a minimal increase in salaries from $38,061 between the four trustees in 2018-19 to $39,06 in 2019-20.
Mayor Stephen Brescia welcomes an increase of 16 percent, for his part-time position, from $12,485 in 2018-19 to $14,485 in 2019-20. Brescia also receives $49,684 in 2019 as chairman of the Orange County Legislature.