SUPERVISORS NOTES, BUDGET 2007

MISC.

The budget includes a 4% increase for all employees inclusive of the Sole Assessor shared with the Town of Hamden.  The personnel committee was consulted

and the consensus was unanimous for this increase.  The Hamden Supervisor also felt the 4% for the Assessor was fair and will budget accordingly for this increase.

PAGE 1

Independent Audit and Accounting is going to cost much more than $5,000.00 this year, due to the amount of FEMA/SEMO funds that are expected to be

reimbursed.  The rest of this amount should be recovered from administrative costs added to the FEMA reimbursement.

PAGE 2

Elections has been taken over by Delaware County.  They have dramatically raised the rates of inspectors and workers.  We will pay the bill, then be reimbursed.

For this year it is recommended to keep this line in place until Board of Elections figures out exactly what they are going to do under the new HAVA legislation.

There are a few larger projects to be done for records repair.  This increase will assist in speeding up this process, and helping the Clerk with other costs.

There is a new line for Public Information & Services.  This is to accommodate the website and other technology additions in the Town.

PAGE 3

The Highway Superintendent has requested $8,000 for a secretary.  $3,000 was suggested as this is the third year in the budget without hiring a person.

This will employ a person at $8.00 per hour for about 7 hours per week for a year.

A new building may be needed, and there is now room for one, but to burden the budget with this in one year shouldn't happen.  It would be best to

plan a couple of years for this possible $100,000.00 expenditure.  The Board may want to appropriate some money to be moved to a reserve fund.

PAGE 4

Notice the decrease in the Bond Interest that is due for next year.  The Board's efforts to prepay are visible and extra payments in 2006 will benefit even more for 2008.

PAGE 5

With raising interest rates, it is recommended to raise Interest Revenue in all funds.  In consultation with the NYS Comptrollers Office, the cell phone tower

revenue will be listed as a rental of property.

Added to Miscellaneous revenues is $5,000.00 in anticipation of a Member Item from Senator Bonacic.  This can be used to purchase the lift for the

highway garage without increasing the appropriations.

PAGE 8

There have been some cuts made to the Highway Superintendents budget in this Tentative Budget.  In order to preserve this funds balance and to ensure

that payment of retroactive salaries for the Highway Employees a contingency is recommended of $3,000.00

Before the end of the year, I will present the Board with a resolution to set-up a reserve fund for Highway Equipment.  If approved, $140,000.00 can be moved

from this years balance to be used in the future.  By building this reserve up over the years, expensive equipment can be purchased

without sharp increases or decreases in the budget.

PAGE 9

Appropriations and Revenues are on the same page.  The Highway Superintendent checked with NYSDOT to make sure that the unused CHIPS money

could be used next year due to the flood work.  Therefore, you will see increased appropriation and revenue for CHIPS.

For the last few years there has been no unexpected balance for DB.  This year, DB's balance is looking much better, and at this time it looks though

some of this fund balance can be appropriated to keep the levy down.  This can be reassessed as we near adoption of the Final Budget.