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Farmingdale board adopts $4.87 million budget, keeps levy within state tax cap
Summary
The Board of Trustees adopted a $4,866,333 2026–2027 net budget and set a $4,504,019 tax levy — a 1.64% increase reported as within the New York State allowable tax cap. The budget includes $300,000 of unrestricted surplus appropriation and a $62,314 reserve for debt.
The Board of Trustees of the Incorporated Village of Farmingdale adopted the 2026/2027 budget on April 13, 2026, approving a net budget of $4,866,333 and a total tax levy of $4,504,019.
The minutes state the budget was adopted "upon a motion made by Deputy Mayor William Barrett and seconded by Trustee Allison Ingram" (Resolved #2026-04-11). The budget document listed $300,000 of unrestricted surplus to be appropriated and a Reserve for Debt of $62,314. The board recorded the tax levy as a 1.64% increase and certified it as within the New York State allowable tax cap.
The minutes include a breakdown of homestead and non-homestead shares: homestead 66.5467% ($2,997,276) and non-homestead 33.4533% ($1,506,743). Corresponding tax rates are recorded as $2.138751 per $1,000 assessed value for homestead properties and $4.096838 per $1,000 for non-homestead properties. The record does not include a roll-call vote tally in the published minutes.
