Pensions Drive up Scarsdale Budget; League of Women Voters Approves

The Village of Scarsdale's tentative 2013-14 budget is already exceeding the state's suggested two-percent cap—but it's a overrun one local group is in favor of.

The League of Women Voters of Scarsdale met with village lawmakers this month to comb through the fiscal plan, and ultimately came out in support. Their statement:

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The League supports the proposed 2013-4 budget and commends the Village staff, former Mayor Miriam Levitt Flisser, the Board of Trustees and its Finance Committee for a budget that meets the stated goal of continuing to provide services to the community at a level consistent with prior years while minimizing spending. The League understands that it was necessary for the Board to vote to allow an increase in the 2013-14 budget that exceeds the state-mandated two-percent tax cap.

The estimaed non-controllable costs of pension and health insurance in this budget account for an increase of $877,065 while the amount over the tax cap is $538,209.

The increase in the pension payment alone accounts for almost the entire amount in excess of the cap. The combination of the pension increase and the health insurance increase more than accounts for the excess over the cap.

Sincerely,

Joan Taback Frankie, LWVS Village Budget Chair 
Marylou Green, LWVS President