Babylon Village Homeowners Face Nearly 10% Tax Bump Under Proposed Budget - Home In Babylon
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Babylon Village Homeowners Face Nearly 10% Tax Bump Under Proposed Budget - Home In Babylon
The Babylon Village Board is reviewing a proposed $14.57 million budget for the 2025-2026 fiscal year. This amount represents a 10.91% increase, adding $1.43 million in additional spending compared to the 2024-2025 budget. Village officials state that many of major drivers for the increase are largely outside of their control. The budget accounts for substantial hikes in general property, liability, and medical insurance costs. Liability insuran…
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