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Finance

News & Announcements

City Adopts Formal Debt Management Policy: Tightens Policies & Procedures

Working with our financial advisors, Capital Markets Advisors, LLC., and finance consultants funded by a shared-services grant awarded to the City by Dutchess County in 2016, the Finance Department presented the Common Council with a new formal debt management policy which sets limitations on general fund borrowing, and identifies new
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Audited Financial Statements for Fiscal Year 2016 Released: Surplus to go to Deficit Reduction

The City ended 2016 with a surplus of $874,000, which will be applied to reduce the cumulative general fund deficit. In addition, the City was able to pay-down $400,000 towards a deficit of $1.2 Million in its separate Transit Fund, reducing that deficit to approximately $800,000. The consolidation of the
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City Receives High Marks for Final FTA Triennial Review of Transit Operations

The 2017 FTA Triennial Report, expected to be the City’s final compliance audit by FTA, was released on August 29th and may be viewed here. The most comprehensive of the FTA review processes, the Triennial Audit was last conducted in 2014. For the years 2014-17 covered by this report, the
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Make a Payment

Water & Sewer Payment System Sanitation Payment System Parking Ticket Payment System Property Tax Payment System

The Finance Department handles collection of:

  • Real Property Taxes
  • Parking Tickets
  • Water & Sewer Bill Payments
  • Sanitation Payments

For your convenience payments may be dropped in our Drop Box located in front of the Police Department

2016/2017 Tax Rates

County $3.5759
City Homestead $13.0654
City Non-Homestead $16.5610
Library Homestead $1.7289
Library Non-Homestead $2.1852
School Homestead $15.2110
School Non-Homestead $19.4458

2016/2017 Water & Sewer Rates

Water: $4.30/unit
Sewer: $4.00/unit

Minimum Water & Sewer Rents» 

2016/2017 Sanitation Fees

Due Date For Period Covering
3/15/2017 January 1 – March 30
5/15/2017 April 1 – June 30
8/15/2017 July 1 – September 30
10/15/2017 October 1 – December 30

Residential Collection Rates

Single Family Residence $84.00 / quarter
Two Family Residence $165.00 / quarter
Three Family Residence $240.00 / quarter
Mixed Use $150.00 / quarter

Commercial Collection Rates

4 Yard Dumpster $510 / quarter
6 Yard Dumpster $720 / quarter
8 Yard Dumpster $960 / quarter
Exemptions
Enhanced Star Exemption $25 / quarter

10% Late Fee after Due Date