TUPPER LAKE — The village has released a tentative budget for the 2019-20 fiscal year, with the current iteration staying below the tax cap by $58, raising the tax levy 1.976%, the tax rate 1.78% and including no major purchases.

This tax rate increase means there will be a $0.253 increase per $1,000 in assessed value. For example, the owner of a $100,000 home would pay $25.30 more over the course of a year.

In its preliminary budget, the village has a 2.79% percent spending increase since last year, adding $83,016.09 to the budget, which would total $3,048,070.26.

However, $50,000 of that $83,000 increase comes directly from a grant for little league field construction at Little Logger Park from Assemblyman Billy Jones, D-Chateaugay. Since this spending increase is immediately offset by the grant, it is revenue-neutral, leaving a $33,000 spending increase.

Village Mayor Paul Maroun said the budget leaves Aid and Incentives for Municipalities funding in, because it is in the state budget. However, the funding for that program will be changing, so it is a tentative budget line.

The village board and mayor would keep the same salaries — $12,200 for the mayor and $7,800 to each of the four trustees — after a pay increase last year.

The tax levy is $58.04 below the two percent property tax cap.

No residents attended a budget meeting Monday afternoon.

Maroun said the village plans to keep this budget under the tax cap by the end. The board is currently setting times to do work sessions with the village departments to work out their needs.