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Yonkers council adopts 2025–26 fiscal package, including tax budget, bonds and notes; several measures pass unanimously
Summary
The Yonkers City Council approved the fiscal 2025–26 tax and capital budgets, multiple bond ordinances and revenue and tax anticipation notes. Key votes included 6–1 margins on the tax budget and tax roll confirmation; most other measures passed unanimously 7–0.
The Yonkers City Council on May 28 adopted a package of fiscal measures for fiscal year 2025–26 that included the tax budget and tax roll confirmation, multiple bond ordinances for city and school capital projects, and revenue and tax anticipation notes.
Council members approved the tax budget and confirmed the tax roll by recorded votes of 6–1. The council approved other elements of the package — including a $15,000,000 bond ordinance to finance tax certiorari, a $7,300,000 bonded acquisition for books and equipment for Yonkers Public Schools, $17,000,000 in school capital bonding, and a $105,685,012 city capital bond authorization — mostly by 7–0 votes. The council also adopted a revenue anticipation note not to exceed $140,000,000 and a tax anticipation note not to…
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