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Town of Prescott approves 2023 budget

The median Prescott homeowner, with a house valued at $157,000, will pay about $82 more in property taxes this year.

That’s from the Town of Prescott’s budget, which was approved at this week’s council meeting and includes a 3.17 percent overall increase in property tax rates.

That’s a slightly higher increase than what was proposed in the February draft budget. 

Staff members say the additional bump of 0.07 percent was added to offset an increase in the town’s contribution to the St. Lawrence Lodge, a long-term care home jointly funded by several municipalities in the region.

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The total operating budget for the year comes out to $10,526,252, an increase of nearly $500,000 compared to 2022. 

You can view a detailed breakdown of the budget on the Town of Prescott’s website.

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