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Peekskill Council Passes 2026 City Budget, Overriding Tax Cap Third Year in a Row
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Peekskill Council Passes 2026 City Budget, Overriding Tax Cap Third Year in a Row
The average house in Peekskill, with the assessor’s estimated full market value of $425,000, will be taxed an additional $7.39 a month in 2026 due to the Common Council’s vote to override the New York State tax cap of 2 percent while adopting the City of Peekskill’s 2026 budget on Monday, Nov. 24. The 2026 budget increased the tax levy by 3.5 percent, to $20,723,327 from $20,022,538, and increased the tax rate by 2.98 percent, to $316.25 from $3…
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