Fire District proposes not to go above tax cap
Shelter Island Fire District commissioners will meet for a public hearing this evening at 6:30 at the Center Firehouse to outline the next budget proposal that does not pierce the state-imposed 2% tax cap.
The commissioners are proposing a spending plan of $954,389 of which $914,589 is to be raised from taxpayers.
The balance will come from interest and other income.
What the proposed budget means to property owners is:
• A home owner whose property is valued at $840,0000 — the median value on the Island — would receive a bill for $212.55 as compared with $209.49 paid to support the current spending.
A home owner with property valued at $1.5 million would pay $379.56 as compared with $374.09 paid to support current spending.