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Mar 21, 2017 4:09 PMPublication: The Southampton Press

Quogue Mayor Unveils Tentative $8.4M Budget For 2017-18

Mayor Peter Sartorius, left, and Village Attorney Richard DePetris during Friday's meeting. AMANDA BERNOCCO
Mar 22, 2017 10:14 AM

Quogue Mayor Peter Sartorius presented his tentative $8.4 million budget for 2017-18 to the Village Board on Friday afternoon, a plan that increases overall spending by about $170,500, or roughly 2 percent, though it also carries a lower tax rate than the current year’s budget.

Mr. Sartorius explained that, under his proposal, the village tax rate should decline by about three cents, from $2.09 per $1,000 of assessed valuation to $2.06. This means that someone who owns a property with an assessed value of $500,000 would pay approximately $1,030 in village taxes next fiscal year, or about $15 less than this year. The 2017-18 fiscal year runs from June 1, 2017, through May 31, 2018.

Mr. Sartorius explained that part of the reason the tax rate is expected to decline is that the village’s overall assessment has increased, though he did not specify by how much.

On Tuesday, Lisa Goree, Southampton Town’s tax assessor, said Quogue Village’s overall assessment is expected to total $3.29 billion next year, a 3.4-percent increase from the current year’s $3.18 billion valuation. The average single-family home in the village, she added, is now assessed at $2.68 million.

Mr. Sartorius’s proposed budget also carries a projected $6.8 million tax levy, which represents a 1.3 percent increase from the current year’s $6.65 million levy.

The mayor said he does not expect his tentative budget, which will most likely be voted on next month, will pierce the state-mandated cap on the tax levy.

Most of his plan’s $170,500 increase in spending is needed to cover raises for village employees, bumps in health insurance premiums, and increases in general maintenance costs, according to a copy of the plan.

A public hearing on the tentative $8.4 million budget will be held on Tuesday, April 4, starting at 10 a.m., at Village Hall on Jessup Avenue.

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Kudos to a great mayor!
By briantymann (31), westhampton beach on Mar 22, 17 7:47 AM