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Oyster Bay passes $354M budget, first tax hike since 2017.
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Oyster Bay passes $354M budget, first tax hike since 2017.
The Town of Oyster Bay passed a $354 million budget for 2026, which includes the first property tax increase in years. The town’s total levy from 2025 to 2026 rose from $232,987,299 to $242,211,595, marking a $9,224,296, or 3.81%, increase. Town officials said the average homeowner will pay $150 per month in taxes, which is roughly a $6 monthly increase. The town cut taxes in 2018 and then relatively froze the tax rate for the next seven years. …
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