Tag:

Tax Increase

Mount Vernon Mayor, Comptroller At Odds Over City Finances Mount Vernon Mayor, Comptroller At Odds Over City Finances
Mount Vernon Mayor, Comptroller At Odds Over City Finances Drastic cuts could be coming to one of Westchester’s largest cities as the Mayor butts heads with the City Comptroller. Mount Vernon Mayor Shawyn Patterson-Howard and the City Council recently held a joint press conference regarding Comptroller Deborah Reynolds and her “lack of transparency, accountability, and professionalism,” that has left the city at a financial crossroads. According to Patterson-Howard, as the city and state continue combating the COVID-19 crisis, Mount Vernon requires Reynolds to release more than $12 million, or austerity measures may be put in place, including a 25 …
Proposed $1.25B Budget Would Raise Taxes 2.5 Percent In Yonkers Proposed $1.25B Budget Would Raise Taxes 2.5 Percent In Yonkers
Proposed $1.25B Budget Would Raise Taxes 2.5 Percent In Yonkers Yonkers Mayor Mike Spano has introduced a proposed $1.25 billion budget for 2019-2020, though the city still faces financial challenges. The proposed spending plan includes a 2.5 percent tax increase for residents that will represent an increase in the average taxpayer’s bill by approximately $350, though there are no cuts in essential services. The budget also calls for new city jobs in the water and housing departments. The proposal marks a 4.7 percent ($55 million) increase from last year, and must be approved by June 1. Public hearings have been scheduled beginning at the end of the mon…