mayor presentation-040714

Village of Plandome HeightsOrganizational Meeting –April 7, 2014

******************

Kenneth C. Riscica, Mayor

Trustees:

Lynne Aloia Silva FermanLawrence Bourguet Alvin SolomonDaniel Cataldo Norman Taylor

Village Officials:

Arlene Drucker, Clerk-TreasurerElizabeth Vera, Deputy Clerk

Edward Butt, AIA, Building Inspector

Organizational Meeting 2014

This Year in the Village


- Building

- Continuous improvement

- Relentless snow

- Emergency Mgt.

- Comings and goings

- Noteworthy

- Finance and capital

Building – 2013 - 14

Plandome Heights Organizational Meeting 2014

- Served residents with a high level of building

- 54 Building permits in ’11

- 90 Building permits in ’14 (projected)

- Level of activity implies $3 M + vs. $1 M

- 4 entire homes; 23 generators

Continuous Improvement


- New law eased the driveway

“curb cut”

- Continued to replace

dilapidated signs

- “Hardened” decorative

street name signs

- Strengthened Village

Flagpole

- New Village Flag

Continuous Improvement


- Cleaned up Webster Ave. Bridge

- Freshened Village entrance signs

- Replaced 35 sidewalk “flags”

- Added new Hydrant Finders

- Planted 3 new trees

Relentless Snow


- 14 “snow events”- Nearly 5 feet of total snow- $15,000 over snow budget; used other funds- Higher costs to repair roads, pick up sand

Emergency Management


- PSE&G takes over LIPA 1/1/14

- Numerous meetings with PSE&G in Fall ‘13

- Numerous “trial runs” with new team in ’14

- EM Team is:- Mayor Ken Riscica -Trustee Alvin Soloman

- EM Bar Giusto - Clerk Arlene Drucker

- Resource & Info Sharing with Town/County

The Village is prepared

Comings and Goings


We welcome to the Village:

Clerk-Treasurer - Arlene Drucker (June 2013)

Deputy Clerk - Elizabeth Vera (June 2013)

Court Clerk - Maura McMullan (Feb. 2013)

Welcome!

Noteworthy


Celebrated Special Events with Residents

Larry Kaplan at 98 Wadhwani’s Renew Vows

October 28, 2013 November 25, 2013

Finance & Capital


Finance Presentation

Finance – Budget Principles


- Your taxes are lower in the Village

- Village Taxes are lower than 5 years ago

- Balance sheet is stronger today

- Modeling 5, 10 years into the future

- Results in “Top Tier” in NY Fiscal Stress Test

- Goal is tax stability without surprises

- We are consistently Below the Tax Cap

- Plan for NYS “Tax Freeze” in 2015

Finance – Tax Rate Lower in Village


Tax per $100

Assessed Val.

Plandome Heights taxes in 2013/14 $41.18

Town taxes avoided in 2013:

“Outside Village” tax* $42,36

Garbage district $ 9.64

Town lighting 2.74

Total $54.74 (33% higher)

Savings $13.56

* Roads, snow, Bldg. Dept.

Finance – Tax Bill Lower in Village


Comparable tax if outside Village* $1,264.00

Plandome Heights average home tax $ 951.00

Savings $ 313.00

* TNH taxes for sanitation, lighting,

roads, building, snow removal$1,264.00

$951.00

0

200

400

600

800

1,000

1,200

1,400

TNH Village

2013 Comparison Tax vs.

Village Tax

TNH

Village

Finance – Village Tax Levy Trend


338,000 357,000 303,095 303,087 303,087 309,000 314,0000

50,000

100,000

150,000

200,000

250,000

300,000

350,000

400,000

2009 2010 2011 2012 2013 2014 2015

VPH Tax Levy Trend – 2009 - 2015

Tax Cap


- Our plans include meeting the eligibility requirement for NYS “Tax Freeze” Credit in 2015

2013 2014 2015

Prior year tax levy 303,087 303,087 309,000

Allowed increase 6,309 6,618 4,859

Allowed carryover 0 4,641 4,715

Tax Cap as calculated 309,396 314,346 318,574

Tax Levy 303,087 309,000 314,000

Unused Tax Cap 6,309 5,346 4,574

Finance – Financial Strength


192,000

255,000

297,000

172,000

196,000 189,000

98,000

99,000

99,000

257,000

258,000277,000

0

50,000

100,000

150,000

200,000

250,000

300,000

350,000

400,000

450,000

500,000

2009 2010 2011 2012 2013 2014

Reserve Funds 2009 - 2014

General Capital & Assigned

Planning for Long-Term Needs


- Applied toward five year road needs

2014 through 2019 $ 50,000

- Applied toward 10 year road needs

2020 to 2025 $227,000

- Funds set aside toward roads $277,000

- Timeframe to fund L-T needs 6 -10 years

Finance – Revenue and Cost Drivers


Revenue:Property Taxes 73%Building fees 11%State/County aid 8%Utility charges 6%All other 2%

Expense:Sanitation 29%Compensation (1.75 FTE) 19%Roads, drains, parks 18%Bldg. Department 10%Rent, insurance 9%Legal/audit 7%All other 8%

72%

11%

8%6%

3%VPH - Revenue Sources FYE

5/31/14

Property taxes

Building fees

State aid

Utility charges

All other

29%

19%18%

10%

9%

7%8%

VPH - Expenditures FYE 5/31/14

Sanitation

Human res.

Roads, parks

Bldg.

Rent, insur.

Legal/audit

All other

Public Hearing


2014 – 15 Tentative Budget

mayor presentation-040714

Business

tax caporganizational

villageorganizational

outside village tax

plandome heights taxes

tax stability

comparable tax

tax capplan

finance tax rate lower