The outgoing Chemung County executive, Tom Santulli, presented his final budget. In it, a gift for residents: no property tax hike.
Santulli broke down the 2019 proposal Thursday. The county is projecting about a 2 percent increase in sales tax revenue. Unlike other counties the main source of revenue comes from sales taxes. The budget proposal calls for a $5 million increase.
“I think from a financial perspective, we are in the best shape that we’ve been in a long time. We’ve got a nice fund balance, not over fund balance,” Santulli said. "We have what I consider ... we're somewhere around 14 percent right now, and that’s a good number to be at."
Chemung County Executive-elect Chris Moss will take over county finances in January.