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Taxing Long Island

Town of Oyster Bay approves seventh consecutive tax freeze budget

News 12 has learned next year’s budget was approved, which continues the $1.3 million property tax cut for the seventh year in a row.

News 12 Staff

Oct 30, 2024, 6:03 AM

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Residents in Oyster Bay should not expect their property taxes to go up anytime soon.

News 12 has learned next year’s budget was approved, which continues the $1.3 million property tax cut for the seventh year in a row.

As News 12 has reported, the Town of Hempstead’s approved budget pierced the state tax cap, carrying a 4.9% increase.

The Town of Babylon is proposing a 9.9% tax levy increase, which would cost the average household $173 more in town taxes per year.

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