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General Fund —> 30% Tax Increase What’s in the 2027 Tentative Budget: • Revenues: $1,115,000 Sales Tax $264,989 State Aid & Local Grants For more information, come to the $190,137 Property Taxes from 3,862 parcels Budget Presentation: $183,205 Departmental Revenue $165,000 Court Revenue Wednesday October 14, 2026 $136,616 Franchise Fees & Other Tax Items 7:00pm—Town Hall Community Rm $98,964 Rent from State Troopers Also budgeting use of $561,374 of Fund Balance • Wages—$1,254,525— Increase of $66,289 40 employee positions—5% raises Highway Fund —> No change in tax rate • Equipment—$96,050 • Wages—$547,854—Adds $45,692 over prior year $50,000 Building Equipment (Heaters/AV System for Covers 6 union employees (NEW union contract 2027-29) Lion’s Shelter/Misc. Building Upgrades) • Employee Benefits—Increase of $8,000 total $22,000 Bucket Truck (1/2) & Misc. Parks Equipment $15,000 Software upgrades/computers/tablets • New Equipment—$185,000: (2026 was $258,000) $3,000 Historical Marker Replacement $72,700—2027 Chevy HD 2500 with Plow $6,050 Individual Office Equipment $90,000—2027 Ford 450 w/Dump Box $20,000—Bucket Truck (1/2) • Contractual Costs—$1,364,710 Health Insurance—up $44,000 • NYSDOT Money: $205,435 Same as Prior Year NYS Retirement—up $15,000 CHIPS, PAVE-NY, Extreme Winter & Pave-our-Potholes Attorney Fees—up $12,500 • Snow Plowing—up $60,000 (Salt increased $57/ton to Brush Collection—up $7,000 $93/ton… a 63% increase!) Town Insurance / Social Security / Youth programs / Street Lighting —all up $5,000 each • Minor changes—Roadwork, Fuel, Drainage, Machinery, Records Management—Down $74,964 (grant is over) Brush & Weeds • Other Contractual Lines Provide Services of: Town Board, • Overall Expenditures increase $33,551(2%) - funded by Justice, Supervisor, Finance, Assessor, Town Clerk, Engineer, $892,795 Property Tax + $225,000 Sales Tax + $205,435 Buildings, IT, Central Print & Mail, Grant Writing, Traffic State Aid + $277,760 Use of Fund Balance + $138,000 Control, Dog Control, HWY Super, Garage, Publicity, Parks, Interest/reimbursements for work done for General Fund Band Concerts, Historian, Celebrations, Senior Nutrition, Lighting Fund —> 10% Tax Rate Increase Senior Groups, Zoning Board, Planning Board, CAC, Cemetery Maintenance, & Brush Collection • Utility supply rates have skyrocketed causing larger bills. Fund Balance has been depleted by 63% in just 3 years. Fire Fund —> 4% Tax Rate Increase • Fire contracts—Increasing from $237,468 to $254,092 to Ambulance Fund —> No change in tax rate each of the (3) fire companies —> 7% contract increase • Boston EMS contract— up to $120,000 paid to the Squad • Service Award Program (LOSAP) - $400,000 contribution (contract still in negotiations) + $35,000 Indirect Costs (First time in over 10 years we have met the actuarial con- tribution). The LOSAP program is currently 49% funded and • Dispatch—3% increase without annual contributions around $400,000 the program • Healthworks (physicals & respirator tests) - 2% increase will head towards being defunct. Lowest funded ratio was 38.6% in 2023 & the Town is turning this around. • Building Utilities & Fuel—similar to 2026 • $220,000 Sales Tax Allocation buffers against an even larger • LOSAP & Worker’s Comp—similar to 2026 potential tax increase