Riverhead Town budget

The Riverhead Town Board voted unanimously Tuesday to ratify voluntary retirement incentive agreements with three town employee unions, a cost-cutting measure the town hopes will save between $500,000 and $800,000.

Taxpayers in eight Republican-led municipalities have paid more than $1.6M for a federal lawsuit led by GOP committees.

Riverhead Town Board members sharply questioned the supervisor's proposal and criticized how he went about making it.

The Town Board voted Tuesday night to pierce the state-mandated 2% property tax levy cap and adopt the 2026 town budget.

Riverhead Town officials fielded residents’ questions and complaints about rising property taxes during a hearing Thursday afternoon on the Town Board’s preliminary budget for 2026. 

Riverhead’s 2026 spending plan heads to a public hearing Thursday alongside a hearing on a local law to override New York’s 2% tax cap. The town's published notice of th budget hearing lacks information required by state law.

The current town council seems incapable of managing town finances to ensure that our budget will meet the community needs and provide a sound base for the future, writes a Calverton resident.

The Riverhead Town Board will hold a public hearing Nov. 6 on a proposed local law to allow the town to pierce the state-mandated 2% property tax cap next year. Here's what it means.

Riverhead’s townwide tax rate will increase 6.74% in 2026, about $4.50 per $1,000 of assessed property value, if the tentative budget presented Monday by Supervisor Tim Hubbard is adopted.

Town-wide expenditures will be funded by a tax rate of $66.99 per $1,000 of a property's assessed value. That tax represents roughly a third of the total property tax bill, which also includes school/library district, fire district and town special district taxes.