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Peekskill Board Approves 3.6% Tax Increase At 11th-Hour Meeting

The Peekskill Common Council has voted to approve a cap-busting tax hike of 3.6 percent, according to a report in The Examiner News.
The Peekskill Common Council has voted to approve a cap-busting tax hike of 3.6 percent, according to a report in The Examiner News. Photo Credit: File photo

PEEKSKILL, N.Y. – The Peekskill Common Council has voted to approve a cap-busting tax increase of 3.6 percent, according to a report in The Examiner News.

According to the report, the Democratic majority on the board approved the 2016 city budget at an emergency meeting Tuesday, Dec. 1.

It was done less than three hours before the state deadline, the Examiner report said

The $37.2 million spending plan exceeds the state-imposed tax cap levy of 0.74 percent, the Examiner reported.

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