CANTON Village residents will see a slight decrease in their property tax bills next year, but a 3 percent hike in their water and sewer bills, under a 2012-13 budget adopted unanimously Monday evening by the village Board of Trustees.
The $5,769,942 spending plan represents a $95,748 increase in spending over this years $5,674,194 budget.
The tax levy will increase 0.58 percent, from $1,656,876 to $1,666,492. However, village officials said an increase in sales tax revenues, careful spending and use of money from the fund balance allowed them to decrease the tax rate slightly for the third consecutive year. The tax rate will drop from $10.48 per $1,000 of assessed property value to $10.45, representing a 0.25 percent decrease.
Officials said keeping property taxes down while increasing sewer and water rates was a fairer way to spread out expenses. About 65 percent of village properties are tax exempt, but pay water and sewer fees.
Were going to be making significant improvements to our water and sewer system, and that costs money, Trustee Joseph Frank said.
After an executive session, the board reconvened and agreed to wage increases for eight non-union employees: 3 percent hikes for full-time workers and 2 percent for part-time. Those employees will continue to contribute 10 percent toward their health insurance premiums.
Trustees also approved a $75,0000 annual salary for Sgt. Basil Chaney, who starts his provisional appointment as village police chief Saturday. Sgt. Chaney was sworn in at the meeting. He replaces retiring Chief Alan P. Mulkin, who receives $72,696 a year.
Starting June 1, water rates for properties within village limits will increase from $5.10 per 1,000 gallons to $5.25. Sewer rates will increase from $6.41 per 1,000 gallons to $6.60. Properties outside village limits will see water rates go from $10.20 per 1,000 gallons to $10.50, while sewer rates will rise from $10.50 to $13.20.
The board also agreed to take $100,000 from the fund balance and place it in a contingency account for street repairs and economic development.