US EditionFarmingdale Village exceeds tax cap for the first time ever
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Farmingdale Village exceeds tax cap for the first time ever
The Village of Farmingdale adopted a $4,776,337 net budget for the 2026 fiscal year and exceeded the tax cap for the first time in the village’s history. The Board of Trustees entered the Monday, April 14, meeting expecting to pass a budget that would carry a 7.55% tax levy increase, well over the 1.79% tax cap. After two hours of discussions, the district lowered its tax cap to 3.27%, which still pierces the cap. The first public hearing of the…
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