Village Propositions:
Proposition #1 of 2022
VILLAGE/TOWN OF MOUNT KISCO
MOUNT KISCO VOLUNTEER FIRE DEPARTMENT
SERVICE AWARD PROGRAM AMENDMENT PROPOSITION
“Shall the Board of Trustees of the Village/Town of Mount Kisco amend the current service award program for active volunteer firefighters of the Village/Town of Mount Kisco so that effective January 1, 2023 the monthly payment accrued “Service Award” shall be $30 for each service year of Service Award Program service that is earned prospectively and the maximum monthly payment shall not exceed $750?”
Proposition #2 of 2022
VILLAGE/TOWN OF MOUNT KISCO
MOUNT KISCO VOLUNTEER AMBULANCE CORPS, INC.
SERVICE AWARD PROGRAM AMENDMENT PROPOSITION
“Shall the Board of Trustees of the Village/Town of Mount Kisco amend the current service award program for active volunteer members of the Mount Kisco Volunteer Ambulance Corps so that effective January 1, 2023 the entitlement age shall be decreased from age 65 to age 60 and that the monthly payment accrued “Service Award” shall be $30 for each service year of Service Award Program service that is earned prospectively and the maximum monthly payment shall not exceed $750?”
June 2022 LOSAP presentation from BOT meeting
Summary
As requested by the Mount Kisco Volunteer Fire Department (MKFD) and Ambulance Corps (MKVAC), and with guidance from our Village Manager, Treasurer, Actuary, and Finance Committee, the Board has reviewed and voted to add two referendums to the ballot in November related to the MKFD and MKVAC Length of Service Award Programs (LOSAP). LOSAP, which was approved by voters approximately 20 years ago, provides a financial reward for volunteers who have completed at least five years of service. For each volunteer who accumulates 50 points annually (points are primarily earned for response to calls, certified completion of training, and participation in drills and meetings) the Village invests funds which are payable to volunteers beginning at age 60 for MKFD and 65 for MKVAC at a rate of $20 per month for each year of service that points were achieved. The propositions, on which Mount Kisco residents will vote in November, would increase the annual investment by $10 to $30 for each year after January 1, 2023 where 50 points are achieved by a volunteer, creating a maximum monthly benefit of $750. The referendum for the MKVAC reduces the benefit age to 60, creating parity with the MKFD. The program, which is used as a recruiting and retention tool, will bring our volunteers closer to parity with those in surrounding communities. Since the inception of the programs, the Village has been making contributions to investment accounts to ensure the program is fully funded. Financial models project that existing budget allocations and the MKFD and MKVAC investment accounts growing at a rate of 4.5% will cover the cost of the increased benefit for newly accumulated years through 2035. Though financial markets are not certain, over time the accounts have grown at a rate greater than 5.5% and are currently over funded. If the projections hold true, no additional tax payer funding would be needed to support the increase in benefit for our volunteers. A “yes” vote would increase the benefit for volunteers.
NYS Propositions:
CLEAN WATER, CLEAN AIR, AND GREEN JOBS Environmental Bond Act of 2022
Summary at https://www.elections.ny.gov/2022BallotProposal.html