LAKE PLACID - The North Elba town board voted unanimously Tuesday night to adopt the town's 2011 budget.
Spending is flat in the next fiscal year with appropriations at $6.9 million. The town tax levy is slated to decrease $6,665 to $3.8 million in 2011.
The tax rate (per $1,000 of assessed property value) for town residents in the village of Saranac Lake is projected to drop by about 3.7 percent. Tax rates for town residents in the village of Lake Placid would increase by 2.4 percent. Town residents outside both villages would see rate increases ranging between 0.5 and 2.7 percent.
Supervisor Roby Politi thanked town Budget Officer Cathy Gregory and the town's department heads for working to keep costs under control.
"They're understanding of the difficulty of the days we're facing now and the necessity to be aware of costs," he said.
At the same time, Politi warned that people's property tax bills could still go up significantly because of Essex County's budget straits.
"I wish the county would have acted along the same lines," he said. "I can foresee potential problems at the county level going forward."
County taxes could go up between 20 and 30 percent in 2011.