Town Hall · Lake Placid

Lake Placid, NY town hall & government

Lake Placid spent $20.8 million in the year to July 31, 2022, about $8,819 per resident.

Where the money goes, where it comes from, property taxes, and how to reach Lake Placid's government.

Town budget

Where Lake Placid's money goes

Spent
$20.8 million
fiscal year to July 31, 2022
Per resident
$8,819
typical New York cities: $1,580
Long-term debt
$18.9 million
$8,039 per resident
Water & other utilities
$9 million43%
Sewer & trash
$6.4 million31%
Roads & transportation
$1.4 million7%
Police
$1.3 million6%
Interest on debt
$750,0004%
Fire
$568,0003%
Courts, inspections & corrections
$99,000<1%
Parks & libraries
$77,000<1%
Administration & buildings
$56,000<1%
Other
$1.2 million6%

Where the money comes from

  • Utility sales 54%
  • Property taxes 20%
  • Fees & charges 15%
  • From the federal government 5%
  • From other local governments 4%
  • Interest, fines & other 1%
  • Other taxes & licenses 1%
  • From the state <1%
Town workforce

Who works for Lake Placid

Full-time staff
56
8 part-time too
Average full-time pay
$70,200
a year, before benefits
Sworn police officers
12
full-time, with power of arrest
Water & other utilities
21 full-time1 part
Police
14 full-time1 part
Roads & transportation
11 full-time
Administration & buildings
6 full-time
Sewer & trash
3 full-time
Fire
0 full-time6 part
Courts, inspections & corrections
1 full-time

Staff on the town's payroll in March 2022. Pay is March payroll times twelve, so it's approximate.

Schools · school year 2023–24

Lake Placid Central School District

Lake Placid's K–12 school district, shared with North Elba and Wilmington. It is its own government, with a budget separate from the town's.

Spending per pupil
$36,531
New York: $34,607
Students
574
in the whole district
Long-term debt
$13.7 million
at year end

Where the district's money comes from New York districts overall: 51% local, 41% state, 8% federal

  • Local 79%
  • State 16%
  • Federal 5%

Of the $36,531 per pupil, $23,312 goes to classroom instruction (teachers, aides, supplies); the rest to support services such as buses, buildings, counselors and administration. Building projects and debt payments aren't in the per-pupil figure.

Property tax

What homeowners in Lake Placid pay

Typical tax bill
$5,094
a year · New York typical $6,582
Effective rate
1.27%
of home value · New York 1.55%
Typical home value
$400,000
owner-occupied

The median yearly bill homeowners report, covering every local property tax on the home (town, schools, county). The effective rate is that bill divided by the median home value, so it's a rough guide, not the official tax rate. In a town this small the survey estimate has a wide margin.

Local

Contact Lake Placid's government

Town hall & decisions in Lake Placid →

Beyond town hall

Who represents Lake Placid

Lake Placid is represented in Congress by Senators Charles E. Schumer and Kirsten E. Gillibrand and Representative Elise M. Stefanik. Kathy Hochul is governor.

All of Lake Placid's representatives, with contacts →

Budget: U.S. Census Bureau, 2022 Census of Governments: Finance (every city and town government's revenue, spending and debt, grouped into plain categories). Property tax: Census American Community Survey, 5-year estimates.

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