2015 Dutchess County TENTATIVE BUDGET – Record High Debt Service

Budget 4The County Budget borrows more and increases our debt service to record high levels and puts in motion significant future tax increases to hit taxpayers in 2016.

County Budget has 20 year record high debt service of $19,195,587.87 for its current outstanding debt of $107,168,842.  In other words, our service debt is 18% or our tax levy.  Be aware that the county has additional authorized unissued debt of $33,358,433 that will further increase the county’s debt service (and raise taxes) beyond 2015. See 2015 Capital Improvement Program. http://www.dutchessny.gov/