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Cold Spring Begins Budget Process

COLD SPRINGS, N.Y. -- The Cold Spring Village Board is beginning the process of putting together its 2016-17 budget, a challenging task this year, due to state-imposed tax cap, along with an increase in employee health insurance, said Phillipstown.info.

The Village of Cold Springs is beginning its budget process for the 2016-17 year.

The Village of Cold Springs is beginning its budget process for the 2016-17 year.

Photo Credit: coldspring.gov

The cap, which limits spending to a 0.01 percent increase, will challenge lawmakers to keep within the limit, while addressing the city needs such as staff wages, office utilities, supplies and computer support, said Philipstown.info.

In addition, some members favor moving the village election from March to November in an effort to provide board members with more time to consider budget options which must be finalized by April 29. The election is March 15, added Philipstown.info.

Click here to read the entire Philipstown.info story.

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