Live Interview: Corriveau Comments On Proposed City Budget
Watertown homeowners will be paying a little more if the city approves the proposed budget unveiled Monday night.
Presenting a proposed spending plan for the next fiscal year was one of retiring City Manager Marry Corriveau's last duties.
In a live interview on 7 News This Morning, Corriveau told anchor John Moore that a projected 5 percent increase in sales tax revenues helped take some of the burden off property owners.
If the $53.7 million spending plan is approved, there will be a 2 percent increase in the property tax levy.
The tax rate is only increasing by .89 percent to $7.28 per $1,000 of assessed valuation, which translates to about a $10 increase for the average homeowner.
The budget, she said, also calls for the first increase in trash collection fees since 1999. The cost per sticker is planned to go up from $2.50 to $3.
Corriveau said the city still faces some long-term challenges. State retirement system expenses have been a continued challenge over the past several years, she said, and will likely remain a challenge until they taper off in a about five years.
During the interview, Corriveau said the city has "an outstanding management team."
"They're prepared to continue serving this community," she said. "They've got a great budget to work with and hopefully that sets them up for success for this coming year."
Click on the picture above to see the full interview.
Thursday, May 26, 2016, Watertown, NY
On Wall Street