What sources of revenue will the new village have?
In the Finance presentation at the Town Meeting on Nov. 13, they showed that Revenues were expected to be made up of approx. 40% property taxes, and 60% other sources. The revenues from property taxes will come from what is currently the “Unincorporated Operating” line item on your tax bill, which represents only approx. 10% of your total property tax bill. Incorporation will have no affect on the other line items of your property tax bill.