Falconer Passes Tax Decrease
FALCONER – Taxes will be decreasing by 5 percent in Falconer in 2013-14.
On Monday, the Village Board passed its next spending plan, which had a tax levy of $788,416, which is $43,139 less than the 2012-13 budget.
Prior to passing the budget, David Krieg, Falconer mayor, said no one spoke during the public hearing on the 2013-14 spending plan.
Last month, Krieg said an increase in revenues is one reason for the 5 percent tax levy decrease. The tax levy is the amount of money raised through property taxes.
“Sales tax has gone up lately. With that and some good watching of our money, we were fine. We are staying real tight,” he said.
The proposed tax rate is the same as this year’s. The village’s tax rate is $8.67 per $1,000 assessed property value.
The village’s fiscal year runs June 1 to May 31.