The proposed 2018 Town of Galway Budget does propose increases in taxes. The Town Board has worked hard to pare down the spending plan while attempting to maintain essential services such as fire protection, emergency medicial services and safe roads. Overall, the tax rate for general services, highway snow removal, replacement of highway equipment, fire protection and emergency medical services will be $3.10 per thousand of assessed value which is up $.50 per thousand from 2017. Looking back over the last seven years taxes in Galway have risen on average 2% per year or less.
Highlights for 2018 - No part time elected officials will get raises. Our contract with highway workers calls for 1.5% in wages. The town has to obsorb cost increases for items such as health insurance as well as NYS Retirement contributions well above 2%. We have allocated funding to continue to upgrade and improve much needed highway equipment. We have maintained funding for highway maintenance and repaving at $627,213 for 2018. Our projected costs for snow removal and winter time road maintenance (plowing, salt, sand, personnel costs) is $616,597. The fire protection contract for the Galway Fire Department is $259,900 for 2018. We will contribute $80,000 to the Galway EMS corps for the provision advanced life support response.
We expect to receive $1.2M in sales tax from the county. This represents no significant increase. Most other revenue streams for the town are projected to remain flat.
To summarize, a home with an assessed value of $200,000 will pay a combined tax of $620 in town, highway and fire protection in 2018 vs. $520 which had been paid in 2017. For those residents outside of the Galway Fire Company protection area the combined town and highway tax will be $390 vs. $312 paid in 2018 (Note - the Harmony Corners Fire Department tax is prepared by the Commissioners of that department and are not under the control of the Town Board). Tax amounts listed above do not contain the county tax portion.
There will be a public hearing on the budget November 14th at 6:45 p.m. The Town Board believes the spending plan for 2018 is fair and balanced. It continues to maintain essential services at appropriate levels.