In a recent government meeting, Chautauqua County legislators discussed a proposal to utilize $2 million from the county's unassigned fund balance to reduce the tax levy, aimed at providing tax relief to residents. Legislator Bankowski, who initiated the motion, highlighted the county's improved financial standing, noting that the unassigned fund balance has grown to over $40 million, up from $37 million a year ago.

Bankowski emphasized the need for tax relief, particularly as municipalities like Dunkirk and Jamestown face significant financial struggles and potential tax increases. He argued that the county's prudent financial management and strategic use of American Rescue Plan funds have positioned it well to offer this relief without jeopardizing its fiscal health.

During the discussion, Legislator Larson pointed out the complexities surrounding the county's property tax levy and full value tax rate, noting that while the county can increase its levy, the true value tax rate may still appear to decrease. He expressed concern over the county's higher tax rate compared to neighboring Erie County, which has a more robust industrial base.

Despite the arguments in favor of the motion, it ultimately failed, with a vote tally of 6 in favor and 13 against. Legislators expressed differing opinions on the budget as a whole, with some indicating support for the overall budget process while opposing the specific tax relief proposal.

The meeting underscored the ongoing challenges faced by local governments in balancing fiscal responsibility with the need to provide relief to taxpayers amid rising municipal costs.