The Greece Town Board passed their 2021 budget on November 19, 2020 at their regular meeting. The budget includes another town tax decrease and shows a decrease in the overall size of the town budget, meaning that the appropriations are lower than 2020. Our tax rate for 2020 was $6.2246 per thousand dollars of assessed value. The 2021 Adopted Budget is estimated at $6.16 per thousand dollars of assessed value, a decrease of nearly 6 ½ cents.
There are goals in this budget and there are priorities for residents. The town will continue to embrace technological innovations, cost cutting measures, and keep our focus on keeping the community safe and vibrant, while continuing to provide the amenities that residents have grown to love and appreciate in place.
The newly adopted budget is nearly $1M below the tax cap, includes no borrowing and retires debt of nearly $3M. Additionally, the budget includes the 100% cash payment toward the new Children’s Library Expansion which is on track to open in mid-2021 and our new ice rink as well.
“We have worked hard the past 7+ years to prepare for this (COVID) or any sort of emergency. There is no doubt that 2020 was a difficult year for everyone, but by careful budgeting and planning we have been able to absorb the cuts to our revenue and not place any further burdens on our taxpayers,” Supervisor Bill Reilich said.
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