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Riverhead’s 2026 tentative budget calls for town wide tax rate increase of 6.74%

Summary by RiverheadLOCAL
Riverhead’s townwide tax rate will increase 6.74% in 2026, about $4.50 per $1,000 of assessed property value, if the tentative budget presented today by Supervisor Tim Hubbard is adopted. The supervisor’s budget calls for a 7.74% increase in the townwide tax levy, requiring the Town Board to again pierce the state-mandated property tax levy increase, which is set at 2% for 2026. Source
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Riverhead’s 2026 tentative budget calls for town wide tax rate increase of 6.74%

Riverhead’s townwide tax rate will increase 6.74% in 2026, about $4.50 per $1,000 of assessed property value, if the tentative budget presented today by Supervisor Tim Hubbard is adopted. The supervisor’s budget calls for a 7.74% increase in the townwide tax levy, requiring the Town Board to again pierce the state-mandated property tax levy increase, which is set at 2% for 2026. Source

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RiverheadLOCAL broke the news in on Monday, September 29, 2025.
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