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Babylon Village Proposed Budget Shows 5% Bump In Spending and Tax Rate - Home In Babylon
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Babylon Village Proposed Budget Shows 5% Bump In Spending and Tax Rate - Home In Babylon
The Village of Babylon has released its proposed budget for the 2026/2027 fiscal year. The total outlay would be 15.3 million dollars, roughly 5% increase in spending. The new budget represents a $731,685 increase over the previous year. To balance the books, the Village is proposing a tax levy of $9,165,316, resulting in a tentative tax rate of 0.1984 per $100 of assessed valuation—a nearly 5% climb for Village taxpayers. The Village budget he…
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