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From the Mayor: Village Tentative Budget for 2023-24

By Mary Marvin, Mayor of Bronxville

March 29, 2023: Per New York State procedure, the Village has filed a 2023-2024 tentative budget.

As currently proposed, the budget requires a tax rate of 3.589 per thousand dollars of assessed valuation resulting in a 2.39% increase in real property taxes for the next fiscal year.

In real dollars, the effect is thus:

-At the village median property assessment of $2,500,000 with a tax rate of 3.589, the tax increase in real dollars would be $210 for a home of that value making a total median Village tax bill $8,972.50.

Chief components of the budget include:

-A total general fund appropriation of $19,486,740 representing an increase of $997,100 or 5.39% from the 2022-2023 adopted budget.

-Non-real property tax revenues of $6,781,740 representing an increase of $418,500 or 6.57% above last year.

-Use of $700,000 from the unappropriated fund balance.

-Use of tax stabilization funds of $125,000 from our tax stabilization reserve fund.

-A real estate tax levy increase of 4.67% (in excess of the allowable tax cap levy)

-A taxable value of $3,301,663,900, representing an increase of $72,891,325 from last year.

-A general fund contribution of $1,558, 588 to the library fund representing an increase of $71,729 or 4.8% above last year.

-The result is an unassigned fund balance as of May 31 projected to be 43% of operating, exclusive of use of $700,000 for the 2023-2024 fiscal year and another $375,000 assigned for tax stabilization to be applied over the next three years.

The budget accounts for above average expense growth in employee benefits, principally retirement contribution, healthcare premiums, and Worker’s Compensation premiums, which are offset in part by strong non-real property tax revenue growth from sales tax and building permits.

The budget also includes a reduction in use of unassigned fund balance by $75,000 while also requiring the use of tax stabilization monies to be applied equally over the next three years to offset debt service growth until the next bond is paid off in 2026.

Most importantly, this budget ensures that a healthy fund balance remains intact enabling the Village to borrow for future capital needs at the lowest possible interest rates while allowing for maximum flexibility for its use.

To that end, the budget includes an extensive list of capital projects, either currently underway or planned for prioritization.

They include:

-We continue our aggressive maintenance of our 125-year-old water delivery system. Starting on planned Phases 4 & 5, we will be cleaning, televising, repairing, replacing and re-lining sewers throughout the Village.

-On the stormwater front, we will also be adding more catch basins and expanding our water conveyance systems.

-To accomplish all of this, we have taken on debt of $2 million. But thanks to our excellent fund balance, we received an interest rate of 1.7%.

-Quite visible, we are upgrading the entire intersection at Midland Avenue and Pondfield Road. The supply chain finally came through with the regulation mastheads now required by the State of New York and we have, as part of a walkability initiative, widened the sidewalks around the intersection, created “bump outs” to slim down the size of the road, fixed the curbs and will be adding a pedestrian push button signalization system.

-The intersection at Gramatan Avenue and Pondfield Road will also have new traffic signals consistent with state requirements. The entire project will cost approximately $1.2 million.

-In an effort to maximize our precious open space, we will be improving Dogwood Park (the parkland straddling both Kensington and Sagamore Roads), with a new sprinkler system, topsoil, seeding, new trees, and curbing as well as improving drainage on the Sagamore Roadside.

-At other end of Sagamore Road, we will be adding two new play structures in the park to replace some well-worn equipment at the cost of $150,000.

-We are also spending the same amount of money as part of a public /private partnership at Maltby Park to enhance that entire open space with play equipment, landscaping, benches, and picnic tables.

-Capital funds will be spent on bank stabilization at the two Bronx River water outfalls near Scout Field with a goal of mitigating area flooding.

-As for physical needs, the Village is purchasing a needed new garbage truck, a pickup truck for the DPW, one new police car and a sewer jet cleaner so we can clean our sewers going forward without hiring outside companies.

-On the security front, we will be upgrading our entire existing camera infrastructure as well as purchasing an additional license plate reader.

We anticipate our public works equipment to last much longer going forward now that we have a new closed garage to store this very specialized equipment.

This is just a preview of projects as we hope to add as many more as possible as money and time permits.

Any thoughts you have for capital improvements needed around the Village are so welcome.




Government & History Directory

Bronxville Overview

Bronxville is a quaint village (one square mile) located just 16 miles north of midtown Manhattan (roughly 30 minutes on the train) and has a population of approximately 6,500. It is known as a premier community with an excellent public school (K-12) and easy access to Manhattan. Bronxville offers many amenities including an attractive business district, a hospital (Lawrence Hospital), public paddle and tennis courts, fine dining at local restaurants, two private country clubs and a community library.

While the earliest settlers of Bronxville date back to the first half of the 18th century, the history of the modern suburb of Bronxville began in 1890 when William Van Duzer Lawrence purchased a farm and commissioned the architect, William A. Bates, to design a planned community of houses for well-known artists and professionals that became a thriving art colony. This community, now called Lawrence Park, is listed on the National register of Historic Places and many of the homes still have artists’ studios. A neighborhood association within Lawrence Park called “The Hilltop Association” keeps this heritage alive with art shows and other events for neighbors.

Bronxville offers many charming neighborhoods as well as a variety of living options for residents including single family homes, town houses, cooperatives and condominiums. One of the chief benefits of living in “the village” is that your children can attend the Bronxville School.

The Bronxville postal zone (10708, known as “Bronxville PO”) includes the village of Bronxville as well as the Chester Heights section of Eastchester, parts of Tuckahoe and the Lawrence Park West, Cedar Knolls, Armour Villa and Longvale sections of Yonkers. Many of these areas have their own distinct character. For instance, the Armour Villa section has many historic homes and even has its own newsletter called “The Villa Voice” which reports on neighborhood news.

Bronxville Village Government Directory

Village of Bronxville Administrative Offices
Open 9:00am - 4pm excluding holidays and weekends

Bronxville Police Department
Open 24 hours

Bronxville Parking Violations
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Bronxville Fire Deparment

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