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Essex County commissioners introduce 2026 budget, authorize 1% cap bank
Summary
The Essex County Board introduced the 2026 budget — a 1.74% tax-levy increase amounting to roughly $8 million — and approved a separate 1% "cap bank" authorization ($3.3 million) to preserve future fiscal flexibility; both measures were introduced and approved for first reading and roll-call introduction.
The Essex County Board of County Commissioners on the floor introduced the county's 2026 budget and a related "cap bank" resolution that would authorize exceeding the tax-levy cap by one percentage point.
Treasurer Hassan Mohammed told the board the budget carries a 1.74% tax-levy increase, described in the meeting as an $8,000,000 increase, and that the cap-bank resolution would authorize an additional 1% (described as roughly $3.3 million) to be saved as an accounting…
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