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Village Board Passes Lake Placid Budget

The Lake Placid Village Board of Trustees this week unanimously passed the village’s 2022-2023 budget,...

The Lake Placid Village Board of Trustees this week unanimously passed the village’s 2022-2023 budget, which meets the state’s tax cap. According to the Adirondack Daily Enterprise, the village plans to spend exactly as much money as it plans to take in, according to the new budget, with $6,281,797 in expenses and revenues expected over the next fiscal year. The tax rate per $1,000 in assessed value will drop from $5.44 in 2021-22 to $5.10 in 2022-23.

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