Skip to content

Waterloo Village Board passes budget on 3-2 vote, Mayor Jack O’Connor casts deciding vote

The Waterloo Village Board passed a 2022-23 budget Wednesday by a vote of 3-2.

Board members Lee Boice and Les Marquart voted yes. Gina Suffredini and John Butlak voted no. Mayor Jack O’Connor cast the deciding vote in favor of the $4.04 million spending plan. The Finger Lakes Times reports spending will increase five percent from the current year figure of $3.91 million. The tax levy, the total amount to be raised in taxes, will increase five percent to $3.07 million.

Things in the village that need to be addressed

In explaining his tie breaking vote in favor of the budget, O’Connor cited what he called “things in the village that need to be addressed.” He said the five percent tax levy increase will allow the village to meet those needs.

The assessed value of property in the village dropped by 1.2% or $1.9 million, primarily due to a drop in assessments in the southern part of the village, which is in the town of Fayette. The tax rate will go to $19.55 per thousand dollars of assessed valuation. That’s a 6.2% increase over the current year.

Water rate stays the same, sewer rate rises

The village’s water rate will remain at $5.45 per 1,000 gallons. The sewer rate will increase from $10.54 to $10.75 per 1,000 gallons. The village operates on a May to April fiscal year, so the budget passed just in time for the start of the fiscal year Sunday.