Is Saugerties Going Backwards???

The below series of graphs shows Town of Saugerties trend lines from 2005 to 2015.  

Population, total assessed valuation, and total commercial assessed peaked in 2010 and began declining. The U.S. Rate of Inflation  trended downward.

HOWEVER, Town spending and property taxes continued to increase during this period.

Summary of 2017 Tentative “Wish List” Saugerties Town Budget

BIGGEST SPENDING INCREASES

• Police spending up 5.2%
• Police Personal Services spending up 6.8%
• Health Insurance costs up 22.4%
• Retirement costs up 13.2%

HIGHLIGHTS (excluding special districts)

• Town Spending up 4.8% ($576,466)
• Town Property Taxes up 4.1% ($392,000)
• GENERAL FUND spending up 5.2%
• GENERAL FUND  property taxes up 6.7%
• Buildings/Recreation spending flat
• Transfer Station projected to break even
• Summer Recreation program projected to lose money

2017 Tentative Budget Summary

2017 Tentative Budget

Summary of Saugerties School Spending - 2006 to 2016

Spending - Increased by 39.8% over ten year period, 3.9% per year.
Property Taxes - Increased by 43.9% over ten year period, 4.39% per year.

Year	Spending	% increase	Prop. Taxes	% increase
2006-7	$43,659,191	xxx	$25,842,153	xxx
2007-8	$49,782,430	14.0%	$26,613,958	3.0%
2008-9	$52,135,740	4.7%	$27,129,415	1.9%
2009-10	$52,650,000	1.0%	$28,850,000	6.3%
2010-11	$52,685,973	0.1%	$32,476,720	12.6%
2011-12	$53,327,600	1.2%	$34,549,659	6.4%
2012-13	$54,676,980	2.5%	$35,194,753	1.9%
2013-14	$55,882,331	2.2%	$35,892,979	2.0%
2014-15	$57,432,984	2.8%	$36,509,983	1.7%
2015-16	$59,306,508	3.3%	$37,148,061	1.7%
2016-17	$61,015,000	2.9%	$37,190,000	0.1%