Although Lake George Village’s 2023-24 budget calls for a 17.8 percent decrease in the local property tax rate, in the near future local taxpayers will be facing about $5 million in new debt if state grants cannot be obtained. Sun Community News reports it’s due to the pending rehabilitation of the village’s sewage pump stations of about $2.5 million as well as upgrades to the village’s new $24.5 million wastewater treatment plant.