Town of Pelham 2025 Proposed Budget: Town Budget Memo 2025 In recent discussions, the Town Council carefully reviewed and ultimately voted to break the tax cap to present the 2025 town budget. This decision was not made lightly, but it was necessary to cover critical increases in costs that affect the community’s essential services and operational needs. To provide context, the 2024 budget appropriations were $6,703,375.16, with revenues of $3,364,559.48, resulting in a need to raise $3,338,815.68 through taxes. For 2025, the town’s total appropriations have increased to $7,182,220.84, with projected revenues of $3,254,981.29. To help offset this, $280,000 is being drawn from the town’s fund reserve, but the amount to be raised by taxes will still increase to $3,647,239.55—a necessary rise to maintain vital town operations and improvements. Key areas requiring this additional funding include: Police Facility Renovation: $100,000 is being earmarked for capital improvements for our town hall which are critical to maintain and upgrade the facilities when the Village of Pelham Police department relocates to the new Village Municipal center in 2025. We are also actively seeking grant money to assist us with the costs of this necessary project. Ambulance Contract: Includes an increase by $64,000 – This is a contractual expense for timely, quality emergency medical services for all residents. Library Budget: Includes an Increase of  $54,000 – Supporting our library services, a community hub for education and resources, remains a priority for the town. Insurance: Rising costs include a medical insurance increase of 10% and a liability Insurance increase of 15% Mandated Retirement and Employment Benefits: Increased by $44,500 – As mandated costs rise, meeting these obligations is essential to support our employees’ future financial security. The impact taxpayers can expect is as follows: 2024 Tax on a home assessed at 1 Million  was $754.78 (homestead) 2025 Tax on a home assessed at 1 Million is $777.37 (homestead) The increase is $22.59 The Town Council will hold a budget hearing on Monday, December 2nd at 7pm on the 2nd floor of Town Hall. All residents are invited to review the preliminary budget and be heard during public comment. Preliminary Budget 2025  

Town of Pelham

Posted on , by Town of Pelham

Legal Notice

TOWN OF PELHAM LEGAL NOTICE

NOTICE OF PUBLIC HEARING ON THE PRELIMINARY BUDGET

FOR THE YEAR BEGINNING JANUARY 1, 2023 AND ENDING DECEMBER 31, 2023

 

NOTICE IS HEREBY GIVEN, that the Town Board of the Town of Pelham will hold a Public Hearing on Monday, December 5, 2022 at 7:00PM in person at Town Hall (34 Fifth Ave., Pelham, NY 10803) on said Preliminary Budget and at this hearing any person may be heard in favor or against the Preliminary Budget as compiled; or, against any items contained therein.

A copy of the Preliminary Budget is available to view in the Town Clerk’s office.

PLEASE TAKE NOTICE that at the meeting of the Town Board to be held on December 19, 2022 at 7:00PM the Town Board will vote to adopt the proposed Budget for 2023.

 

 

Molly Girolamo

Deputy Town Clerk

Town of Pelham