The Village of Floral Park’s board passed a $34.6 million budget on Tuesday night, alongside a law allowing it to override the state’s 2% tax levy increase cap.
Villages are only permitted to raise their taxes by 2% each year unless their board passes a law allowing them to raise taxes by a higher percentage. Floral Park’s board found a 2.95% tax levy increase necessary for its budget, so the board passed the local law required to allow it to do so Tuesday night.
