Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Municipal Budget topic
No spam. Unsubscribe anytime.
Rye Brook presents tentative $27.8M budget; stays under New York tax cap
Summary
Village officials presented the tentative FY 2026–27 budget (about $27.8 million in expenditures), reported a 2.54% levy increase and said the village remains approximately $5,330 under the state tax cap; retirement costs and capital projects were flagged as major pressures. The board opened and closed the public hearing and will vote on the budget at its next meeting.
The Village of Rye Brook on April 14 heard a line-by-line presentation of the tentative fiscal 2026–27 budget and formally opened and closed the public hearing. Village staff said the tentative budget was filed March 20 as required and will be adopted at the board’s next meeting or become final by operation of law if not changed by May 1.
Village Administrator Chris Bradbury summarized the budgeting process and highlighted three themes: keep property taxes low, maintain quality services and reinvest in capital. "The tentative budget was filed on March 20th, which is required by village law," Bradbury said, noting the village used a digital budget book to increase transparency.
Key figures in the presentation: total assessed value in the village is about $3.85 billion (up roughly $193 million, or a little more than 5%); residential assessments rose about 6%; the total levy increased by roughly 2.54%; and the average village portion of the tax bill is about $5,400 — a year-over-year increase of about $132 (roughly $11 per month). Officials said the village remains under the state tax cap by about $5,330.
Bradbury stressed long-term budget pressures, most notably retirement contributions. "This year, [the retirement cost] is $2.9 million," he said, comparing that with a much smaller historical figure to underscore the rising municipal cost.
The capital program was described as roughly $2 million across 17 projects, funded from capital reserves, CHIPS, utility contributions and other grants. Officials noted some sewer projects are ready to move but remain contingent on federal CDBG funds that have been delayed (the transcript cites a wait of about two-and-a-half years for those federal funds).
Board members asked procedural questions and thanked department staff for working within tight constraints. The board opened the public hearing on the tentative budget by roll call; no members of the public spoke, and the hearing was closed. The board will vote on adoption at its next meeting.
What happens next: the board will consider any changes before the May 1 deadline. If no changes are adopted, the tentative budget as filed will become the final budget.
