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Finance Committee sends budget with options to Trustees
Posted on Jul 16, 2017

 
Insurance, again this year, is driving unavoidable increases in the Village costs.  In addition to property and liability, health care for non-union employees has been added to the mix.  The question of 24/7 security patrol was examined to see if savings could be made by reducing their hours of patrol, thus the two options.
 
The first safety option is to continue with the same twenty-four hour security that has been in effect for a number of years.  The second option is to reduce the number of hours from 24 to 12.  A study of security calls will be made to determine times when security calls have been received in the past.  The 12 hours are not necessarily consecutive hours.  They  may be split 6 + 6 or 8 + 4 or some other combination to get the best coverage throughout a 24 hour time period..
 
Using Option # 1 the overall increase in the 2018 budget comes to about 4.37%.  Reducing the hours for Option #2 the overall increase is around 3.86%, and saves about $3.00/month.
 
Trustees have the full budget information to share at condo meetings.  The information is posted on the Village website on the HVMA Financial page.  Click here to view the document.
 
Comments
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Comment By: Robert Emond
Posted on Jul 20, 2017

Reduce security to
Zero hours / the town DOES
Have a police force which i have seen many times responding here inthe village. Thanks


Comment By: Jim McLaughlan
Posted on Jul 23, 2017

So as I sit here and look at this budget for 2018, I can't help notice that Security is taking a hit. You propose to cut security from 24 hours a day to 12 hours a day and the monthly savings to us is $2 per month. I would rather keep security at 24/7 Thank you.




Comment By: John Ruxton
Posted on Jul 25, 2017

Before we cut security, lets begin with how much we are expected to pay towards employees' health care. 75% is an outrageous amount; the norm is 60%.


Comment By: William Gildea
Posted on Jul 25, 2017

When reviewing the line item budget I am unable to find anything for "Real Estate Property Taxes on all the buildings we own as well as the common properties throughout the village. Is possible that this expense is "HIDDEN" somewhere else or are we to assume that we don't pay any PROPERTY tax to the Town of Southbury?