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Valley Stream trustees approve resolution to seek public hearing on tax-cap override
Summary
Trustees approved Resolution 057-26 to schedule a public hearing on a proposed local law that would allow the village to levy property taxes above the statutory cap if needed to balance the 2026–27 budget. Officials said the vote was precautionary; the final levy rate will be set after the budget hearing.
Trustees in Valley Stream voted to move forward with a proposed local law that would permit the village to levy property taxes above the statutory cap, scheduling a public hearing before adopting any change.
The board approved Resolution 057-26 after the clerk read the measure into the record; the resolution authorizes consideration of a local law to override the tax cap under the cited general municipal law and sets a public hearing at Village Hall. A staff member…
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