News Letter

INCORPORATED VILLAGE OF

MATINECOCK

TOWN OF OYSTER BAY, NASSAU COUNTY, N.Y.

MAY 17, 2010

Dear Village Resident:

     After a brutal winter, spring has finally arrived. I am pleased to report that the Village’s 2010/11 budget projects that Village expenses for the coming fiscal year will be $1,272,865 - A DECREASE OF 2.5% from last year’s costs of $1,305,290. For many property owners, this will mean a modest decrease in your Village property taxes. For others, whose assessed valuation has been raised by Nassau County, Village taxes may be somewhat higher. The Trustees have endeavored to keep Village expenses to a minimum and to budget conservatively, both for revenues and expenses. However, the Village relies on Nassau County for property valuation.

     On another positive note, the Board petitioned New York State to release a significant sum of money to the Village which will allow us to perform the much needed re-paving of our section of Planting Fields Road. We are waiting approval from the State Assembly and the State Senate to proceed with this work.

     We have just had a maintenance crew complete our quarterly clean-up of the Village roads. We are all very fortunate to live in such a beautiful community. I would like to remind residents that in order to keep our Village litter free, it is incumbent on all residents to do their best to keep the roadside in front of their homes trimmed and clean of debris.

Wishing you well in the coming warm weather months,

Mayor and Members of the Board of Trustees