Falloon declines raise and stipend
By Michael Turton
Only four members of the public were on hand as the Village of Cold Spring held its public hearing on the proposed 2013-14 budget on Thursday, April 11. Trustees will vote to adopt the final budget on April 23.
Spending in 2013-134 will total $2,673, 37, a 2.49 percent increase over last year. The tax rate per $1000 of assessed property value will be $10.38 — up 25 cents from 2012-13. Property owners will also see a $4 increase per unit per quarter in the flat rate sewer fee.
Changes from the previous, tentative budget were few and minor, though positive. The village will pay the Fireman’s Service Award $8,713 less than originally expected. As a result, the new budget will come in $14,258 below the tax cap imposed by New York state. In addition, newly elected Mayor Ralph Falloon announced that he will not accept a raise that had been budgeted for the position. “I already get a raise by moving from trustee to mayor,” he said. Falloon will also decline the stipend he is entitled to as Village Budget Officer. The two actions will save the village $4,500.
Falloon delivered the 2013-14 budget message, a summary of major spending proposed for the upcoming year. High on the list is the $769,030 Main Street project that will undertake long-awaited sidewalk improvements. Eighty percent of the project cost will be picked up by a federal grant with the village paying the remaining 20 percent. The village intends to pay for $140,000 of its share of costs through a five-year capital note.
The project will also make Main Street sidewalks handicap accessible, add crosswalks and implement drainage and lighting improvements. Other village sidewalk repairs and street paving are budgeted at $10,000 and $15,000 respectively. To help fund the purchase of a new police vehicle, $12,000 was added to the equipment budget. Payments into police and employees’ retirement will increase by approximately $9,000.
Water and Wastewater Superintendent Greg Phillips also reviewed a number of upcoming projects, including connecting to the New York City Department of Environmental Protection water line next fall as a prelude to undertaking improvements to village dams; water line repairs; aeration and electrical upgrades; sanitary sewer repairs; and maintenance and replacement of the Market Street pumping station. A new pickup will also be purchased, to be paid for over the next two years.