The arrest of Oyster Bay Supervisor John Venditto on federal corruption charges Thursday comes at a time when the town is facing possible layoffs and tax hikes.

Many residents told News 12 Long Island that they are fed up with the way the town is being run.

"Doesn't surprise me. It's not shocking," said Carolyn Dalessandro. "Every person in government is there to further their career in government, not to serve the people anymore."

Venditto has served as Town of Oyster Bay supervisor for the past 18 years. He was charged by federal prosecutors with using his position and influence to help a restaurateur, who sources have identified as Harendra Singh, secure loans totaling $20 million.

In return, prosecutors say Venditto got free limo services and was able to hold fundraisers at certain restaurants at a discounted rate.

FBI investigators say they asked Venditto about the alleged bribes and kickbacks. Venditto said he had not received anything of value.

A town spokesperson said in a statement that the town government will operate as usual and they will continue serving residents.

Venditto was re-elected last year by a slim margin.

Venditto's son Michael is running for re-election as a state senator next month. His other son Nicholas put up the $500,000 bond to get his father out of jail.

Residents told News 12 that increased taxes, layoffs and the town's junk bond status credit rating have them angry.

"Taxes have doubled in time we've been here, and what are we getting for it? To hear this is going on behind the scenes, it's horrible," says Dalessandro.