The Town of Babylon is offering a budget for next year that will raise taxes by 2% and won’t pierce the state tax cap.
The preliminary budget for 2026 is $207.7 million, an increase of 3.7% over the current budget of $200.2 million. The proposed budget increases the total tax levy to be collected from $145,367,802 to $148,332,623, or 2.04%. The town’s tax cap was 2.08%.
For the average assessed value home in the town, it amounts to a roughly $33 increase, a figure that does not include the $23 million allotted for the 11 fire districts covered in the budget. According to town spokesman Ryan Bonner, because the amount “varies so widely across all the individual fire districts,” it’s not possible for the town to give an average tax increase dollar amount that includes the districts.
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