Residents will have the opportunity to voice their thoughts and concerns about the tentative Arcadia Town budget, which shows a slight increase in property taxes, at a public hearing next Wednesday evening.

Residents will have the opportunity to voice their thoughts and concerns about the tentative Arcadia Town budget, which shows a slight increase in property taxes, at a public hearing next Wednesday evening.

The 2,922,683 spending plan is up $106,349 over last year, not including special districts. The tax levy, which is the total amount in the budget that must be raised through taxes, went up from $1,383,273 townwide last year to $1,411,039 in 2013, and from $439,011 last year for residents outside of the village to $611,594.

The proposed budget also reflects an increase in the tax rate. If approved, the tax rate for property owners inside the village would be $2.73 per $1,000 of assessed value, up from $2.67 in 2012, and those outside the village would see an increase to $4.81 per $1,000 of assessed value from $4.86 in 2012. That means that a homeowner living inside the village with a home assessed at $100,000 will pay $2,730 and a those living outside the village will pay $4,860 in town property taxes.

Pension costs and rising fuel costs for the highway department were the driving forces behind the increases in the proposed budget. The town switched health insurance plans, which requires employees to pay more in premiums to help keep costs down for taxpayers.

The town also made use of a larger portion of the fund balance to offset increases. The proposed budget reflects $241,000 from the general fund, an increase of $75,000 over last year.

Supervisor Dick Colacino said they tried to take everything out of the budget, except what was absolutely necessary, to keep taxes down. The town stayed below the 2 percent tax cap set by the state.

A public hearing on the tentative budget will be held on Wednesday, Oct. 31 at 5 p.m.