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Farmingdale board hears budget that exceeds NYS tax cap; water rates eyed for 8% increase
Summary
The Board reviewed a proposed 2025–26 budget that, as presented, is 5.76% over the New York State tax cap of 1.79% and includes a proposed 8% increase in water rates; discussion covered short‑ and long‑term financing and state water‑filtration mandates.
Board members reviewed the draft 2025–26 budget and noted the General Fund proposal is 5.76% over the New York State tax cap of 1.79. The minutes record concerns about how to finance the gap and that the draft includes an 8% increase in water rates.
Discussion at the March 24 work session focused on both short‑ and long‑term financing options and on state mandates for water filtration that are driving capital and operating cost pressures. The transcript does not record a final budget vote; further budget work and formal adoption would occur in later public meetings.
