Yorktown Tentative 2026 Town Budget Proposes No Tax Increase

October 30, 2025—Yorktown Supervisor Ed Lachterman presented his 2026 Tentative Budget today with no proposed property tax increase.

The proposed 2026 Tentative Town Tax Rate remains flat at the 2025 Town Tax Rate of $178.14 per $1,000 of Assessed Value.

“This year’s budget reflects my ongoing commitment to fiscal responsibility and the delivery of high-quality essential services—all while striving to keep costs as low as possible for our residents,” said Supervisor Lachterman.

The Town Tax Rate component of residents’ Property Tax Bill consists of three funds that support the Town’s operating budgets: General, Library, and Highway.

Supervisor Lachterman acknowledged the economic pressures outside of Yorktown’s direct control. These factors include rising electricity rates, tariffs on essential materials, increases in materials and supply costs, and higher health insurance premium rates.

In the weeks ahead, the Town Board will meet with department heads to review the 2026 Tentative Budget and identify any additional efficiencies or savings opportunities.

Residents may review the 2026 Tentative Budget on the Town’s website, and they are encouraged to participate in the upcoming public budget hearing process. Public input and engagement are vital to maintaining Yorktown’s fiscal health and strong community spirit.

Town taxes fund the general operating budget, and they represent 12% of residents’ total property tax bill.