Yonkers adopts $1.5B budget with 2.8% tax hike
Mayor Mike Spano said it invests in quality-of-life services and public safety without cuts to municipal services or the workforce, while maintaining historic school funding.
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May 29, 2025, 4:26 PM
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Updated 17 hr ago
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11h agoThe Yonkers City Council approved a $1.5 billion budget for the 2025-26 fiscal year by a 6-1 vote, city officials say.
The budget, effective July 1, includes a 2.8% tax increase.
Mayor Mike Spano said it invests in quality-of-life services and public safety without cuts to municipal services or the workforce, while maintaining historic school funding.
Council Member Anthony Merante, the sole dissenter, called the tax hike unfair, especially for seniors on fixed incomes. “It’s not fair to anyone,” Merante said.
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