Property tax increase included in Yonkers City Council budget

June 21, 2018 02:13PM

A 6.2 percent property tax increase enacted last week will allow Yonkers to avoid “hundreds of layoffs,” LoHud reported. The tax increase was included in a $1.2 billion city school budget that Yonkers’ City Council adopted in a late night vote. “It’s not the budget we all want and dream of, but it’s right now the best thing we’ve been able to do,” councilwoman Corazon Pineda Isaac said, according to the outlet. The increase means the average homeowner will have to shell out an additional $560, LoHud reported. [LoHud]