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 exceed $150,000,000, both by 7–0 votes.

Councilmember Moranti said he would oppose the tax increase component, citing the effect on seniors and residents on fixed incomes: “I will not be supporting the, the tax increase, again this year. I don't think this budget is fair to anybody… 2.7% is hurtful because some people do have to decide on whether they're gonna eat and pay medicine, pay rent.” Minority Leader Breen urged pragmatism, noting turnout at budget hearings and pointing to capital purchases such as six new fire trucks and library improvements. Breen said he would support the tax-related items so the city could fund public safety and resurfacing projects.

Majority Leader Ruba — the council’s budget chair for the month — framed the package as reinvestment in schools and city services. “We’re... seeing an additional $16,000,000 this year that has been reimbursed to the city of Yonkers for debt service that we're putting right back into our school system,” Ruba said. He noted a $4.6 million offset for debt service on school construction, $7.3 million authorized to buy books, and ongoing plans to move toward one-to-one tablet devices for students.

Council President Collins Bellamy thanked the finance department, outside auditors, and budget staff for detailed briefings during May, and emphasized that the budget balances near-term needs with multi-year planning. The transcript records no motions to refer or to postpone; a subsequent motion to reconsider the votes failed 7–0.

Items and amounts recorded on the council agenda included:
- Bond ordinance to finance tax certiorari: not to exceed $15,000,000
- Bonding for Board of Education books and equipment: $7,300,000
- Bonding for Yonkers Public Schools capital projects: $17,000,000
- Bonding for city capital projects (2025–26 capital budget): $105,685,012
- Revenue anticipation note: not to exceed $140,000,000
- Tax anticipation note: not to exceed $150,000,000

The council also recorded one dissenting vote on several tax-related items (the council announced multiple 6–1 outcomes for the tax justification documents, tax budget and tax roll confirmations) and unanimous adoption on the majority of capital and note-related items. The transcript shows the council closed the special meeting and planned to reconvene for its regularly scheduled evening session.