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Budget

Budgets & Financial Reports

The Village of Saranac Lake is committed to transparent, responsible, and sustainable financial management. This page provides public access to the Village’s budgets, financial reports, audits, and long-range planning documents.

Long-Term Financial Planning

The Village’s financial planning process balances operational needs, infrastructure investment, affordability, and long-term sustainability.

The Village’s Capital Improvement Plan identifies significant long-term infrastructure needs related to:

  • Water & sewer systems
  • Roads & sidewalks
  • Public facilities
  • Municipal equipment

Capital Improvement Plan

The Village annually develops and adopts three separate operating budgets:

General Fund

The General Fund supports the majority of Village operations and services, including:

  • Administration
  • Public Works
  • Police Department
  • Fire Department
  • Parks & Recreation
  • General municipal operations

The General Fund is primarily supported through the collection of property taxes, along with state aid, fees, permits, and other local revenues.

Water Fund

The Water Fund supports the operation, maintenance, and improvement of the Village’s public water system. The Water Fund is supported through water rents collected through quarterly utility billing. Property taxes are not used to support Water Fund operations.

Sewer Fund

The Sewer Fund supports the operation, maintenance, and improvement of the Village’s wastewater collection and treatment systems. The Sewer Fund is supported through sewer rents collected through quarterly utility billing. Property taxes are not used to support Sewer Fund operations.