2025-2026 Budget Adoption Message
Last night, the Board of Trustees unanimously approved a budget for Fiscal Year 2025-26. Some highlights:
- No increase to the property tax rate;
- A tax levy $318,206 below the property tax cap;
- No increase to water or sewer rates; and
- A reduction in outstanding village debt by $615,799.
Further the budget funds key improvements to Village services, infrastructure and amenities, including:
- A second EMT to ensure sufficient EMS coverage during daytime hours on weekdays to augment our hardworking volunteers who confront a steadily rising call volume since the pandemic;
- New equipment, such as lifesaving extraction tools, for the dedicated volunteers of the Croton-on-Hudson Fire Department;
- A third Spanish speaking officer for the Croton Police Department;
- A new position in the Department of Public Works to support all that DPW does for the community;
- Traffic & pedestrian safety improvements including radar speed signs, Rapid Flashing Beacons to enhance safety at the crosswalk at Wood Street & Grand Street and new sidewalks to fill gaps in the existing sidewalk network; and
- Refreshing the playground equipment, resurfacing the basketball court and adding new benches & trash cans to Dobbs Park.
The adopted budget builds on years of fiscal stability and limited taxation. Village debt has decreased by more than $9 million since 2017. Since the tax levy cap law was introduced in 2012, Village taxpayers will have paid approximately $1.7 million less in taxes compared to the allowable levies.
The adopted budget summary can be found online by clicking here. Detailed budget documents can be found here.
Thank you to our village staff and my colleagues on the Croton-on-Hudson Board of Trustees for their continued collaboration in preserving our village’s fiscal strength and advancing our quality of life.
