The Tuxedo Town Council recently voted to adopt its 2016 budget. The good news is that the town’s administration has finally gotten to the heart of the money matters — a combination of an apparently incompetent auditor that helped produce a conga line of uninformed fiscal decisions by the municipality over time.
The bad news is that the average Tuxedo homeowner will see a property tax increase in 2016 of between $365 to $389.
There will not be any Genting gifts to bail the Town out this year. Continue Reading