Clay — Residents in the town of Clay will pay about 3.4 percent more in taxes in 2016, according to the budget passed Nov. 16 by the town board.
That’s significantly above the tax cap, which is 0.73 percent this year in accordance with the inflation factor, rather than the traditional 2 percent.
The $13,948,485 budget calls for a tax levy increase of 3.4 percent, up to $8,824,385 from 8,535,410 in 2015.
According to town comptroller John Shehadi, taxpayers outside the village of North Syracuse will pay about $63.04 per thousand of assessed value, up $1.55 from last year. Since Clay bases its tax rates on a partial assessment with an equalization rate of 4.32 percent, the total impact is about $6.71 more than 2015.
Meanwhile, taxpayers in the village of North Syracuse will actually pay a little less than last year; the tax rate is $13.37 per thousand in the village, making for a decrease of $0.76 over the course of the year.
In addition to increased expenses in building, parks and recreation, debt service and employee benefits, the budget included raises for the supervisor, town board, town justices and the assessor.