The Granville Village Board met in-person at the Village Municipal Offices to hold a tentative 2021-2022 budget workshop Thursday.
“Probably the best budget presented in over 10 years for the residents of this village,” Mayor Paul Labas said. “No water or sewer increases for the residents and a .47% property tax increase.”
Village clerk and treasurer registrar Rick Roberts said the roughly one-hour meeting was a “standard budget workshop” that involved a give-or-take amount of $3,000 being allocated to different categories.
“The board has taken action to balance out the budget,” Roberts said.
The village is tentatively looking at a total revenue of $1,561,502 and an assessed valuation of $103,150,319.
According to Roberts, the village is likely seeing a .80% levy tax increase.
“This is the amount of tax that needs to be collected,” Roberts said.
One key area that would potentially see a 20% decrease from 2020’s budget was the State Aid Per Capita category. Roberts said last year’s total of $19,357 is expected to drop to $15,486, depending on what the state wants to do for smaller governing municipalities.
“I think this one’s a jump-ball,” Roberts said. “This particular administration doesn’t seem to be supportive of smaller municipalities.”
Roberts was happy to say that by the end of 2022, by paying off the Department of Public Works Equipment BAN Principal debt, all the debt in the general fund will be paid off.
One significant increase in expenditures is the Police Retirement category, jumping from $74,250 in 2020 to $95,500 in 2021. Roberts reasoned this to the state’s 3% increase in retirement rates and Granville Police Department hiring a sixth full-time patrol officer in January of 2020.
A large saving comes directly from the installation of the LED lights in the village. The board saw a $20,250 difference between 2020 and 2021 in the Street Lighting Contractual Expenses category as a result, Roberts said.
Labas is ecstatic to see the fiscal stress score continue to go down since becoming mayor in 2019. As reported last week in the Sentinel, upon confirmation from the state, the village is expecting a fiscal stress score of 20.4.
“We also have reduced the fiscal stress score dramatically in the state’s eyes and even have some reserves built up for a rainy day,” Labas said. “All departments are fully funded and all funds are balanced.”
The fiscal stress score in 2017 deeming the village as “moderately stressed” was a 59.6. To make a significant improvement in four years is exciting for Labas.
“I’m pretty happy about how things are working out,” Labas said. “We have worked hard for this and it’s good to see it happen.”
Roberts laid out the process of the budget for the next two months and how it can be passed.
“The tentative budget is presented by the mayor to the board and public on March 1. It then remains static for 30 days, until the public hearing on April 5,” Roberts said via follow-up text message. “The board then takes public comment and passes the budget as presented or as amended.”