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Johnstown Taxes To Increase 9 Percent

401(K) 2013, flickr

Earlier this week, Johnstown’s Common Council adopted a budget introduced by interim Mayor Cindy Lakata calling for a 9 percent rate increase.

According to the Gloversville Leader-Herald, the $12.7 million plan was adopted “with an eye toward an improved financial picture next year.”

The budget exceeds the state tax cap. With a tax levy around $5.5 million, it increases the levy by $441,000. The tax rate will increase by $1 per $1,000 of assessed value, from $11.36 to $12.36.

Lucas Willard is a news reporter and host at WAMC Northeast Public Radio, which he joined in 2011. He produces and hosts The Best of Our Knowledge and WAMC Listening Party.
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