LONG LAKE - Town taxes in Long Lake will remain relatively stable in 2010. Residents will only experience a 2 percent increase.
Total appropriations are up .01 percent and total revenue is down 10.2 percent.
"This has been one of the most difficult budget years that I have seen due to the decrease in overall revenue everywhere," explained Long Lake Supervisor Gregg Wallace. "I think revenue is down for everyone."
The town of Long Lake has budgeted in several planned purchases for 2010 in both the hamlet and the town of Raquette Lake. These include property purchases and some updates to the highway department.
The 2010 tax rate will move up to $31.61 for residents within the hamlet and $25.49 for residents outside of the water district.
Assessments were recently reevaluated in the town of Long Lake and altered to reflect $516 per $163,239 of value, while last year's assessment was $516 per $100,000.