2015 TENTATIVE BUDGET – CAPITAL PLAN SPENDING PROPOSAL

Budget 7

The 2015 County Capital Plan proposes to spend an additional $21,796,800 of taxpayers’ dollars on top of the county’s $441,748,000 operating budget.  County spending of taxpayers’ money could be at an historic high of $463,544,800 in 2015.

County Budget has 20 year record high debt service of $19,195,587.87 for its current outstanding debt of $107,168,842.  The county has an additional authorized unissued debt of $33,358,433 that will further increase the county’s debt service (and raise taxes) beyond 2015.

Budget does not make up for the loss of revenue from the Energy Tax nor the one time revenue shot from the state aid that is balancing the 2014 budget.  ($5.25 million)

See 2015 Capital Improvement Program. http://www.dutchessny.gov/

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