The Peru Gazette

By John T. Ryan

The Peru Town Board has scheduled a public hearing on the Town of Peru’s Preliminary 2015 Budget for Thursday, November 6, 2014 at 6:30 P.M.  Supervisor Peter Glushko said the Town Board worked hard to keep the budget under the state imposed 1.56% tax cap.  $140,000 in general fund monies will be used to balance the budget, although  Glushko is optimistic that Clinton County’s sales tax collections will ultimately reduce that amount to about $40,000. All employees including the Town Board will receive a flat $800 pay increase. Glushko said, “We haven’t had an increase for some time. We’re falling behind neighboring communities.”

The Water District retired two long term bonds in 2014 which will save water users $96,683 (22%) in water user property taxes. Unfortunately, a water rate increase is anticipated partially offsetting the property tax decrease.  Click Here to Review Town of Peru 2015 PRELIMINARY BUDGET