by Joseph Back Boyd residents will have a choice to make Tuesday November 8 with regards to the local levy, as the village seeks to exceed the state imposed levy limit in order to address roads and …
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by Joseph Back
Boyd residents will have a choice to make Tuesday November 8 with regards to the local levy, as the village seeks to exceed the state imposed levy limit in order to address roads and other critical matters.
Resolution 2022-04, considered at a special Tuesday August 23 village board meeting , has the numbers that residents will consider this November. Stating that the village board supports an increase to accomplish “critical street maintenance projects,” along with maintaining public safety services and updating maintenance as well as fire equipment, the relevant portion, reads as follows: “Under state law, the increase in the levy of the Village of Boyd for the tax to be imposed for the next fis cal year, 2023 is limited to 1.644%, which results in a levy of $156,335. Shall the Village of Boyd be allowed to
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exceed this limit and increase the levy for the next fiscal year, 2023, for the purpose of critical street maintenance projects, maintaining public safety services, update maintenance equip- ment and fire department equipment, by a total of 63.965%, which results in a levy of $256,335, and on an ongoing basis, include the increase of $100,000 for each fiscal year going for ward?
Without the approval this November the village would collect just $841 more in taxes for the entire village, while one road project covering two blocks of Patten Street was earlier bid around $400,000. The entire village budget in contrast, approaches $550,000, making such projects unfeasible with currently insuf- ficient state roads aid of around $30,000. Come November then, residents will have a chance to decide if they want to raise the levy, or else not. The levy could also serve to inform another municipalities, as Boyd’s revenue problem, isn’t unique.
“Everyone’s in the same boat,” clerk Sandi Isaacs said of the funding that towns, villages and cities currently have to address things under the current levy limit.
A curb on Center Street in Boyd. Photo by Joseph Back.
