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Taxes

Aguiar proposes 3.3% tax hike, piercing cap, to fund $3 million town-wide spending increase in 2023

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Riverhead Supervisor Yvette Aguiar is proposing a nearly $3 million spending increase, or 4.9%, in the three town-wide funds in 2023, requiring the town to pierce the 2% tax levy cap imposed by state law.

Town board majority rejects move to sue Suffolk IDA over tax abatement granted for culinary school property

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Councilwoman Jodi Giglio’s resolution authorizing the town attorney to file an action challenging the abatement failed by a 3-2 vote Tuesday afternoon.

Minimum wage rises to $11/hour on Long Island, paid family leave law and middle class tax cuts take effect

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The minimum wage increase, paid family leave law and middle class tax cuts announced by Gov. Andrew Cuomo yesterday in Hauppauge are part of a package the governor calls "economic justice programs for the middle class.

Riverhead’s Route 58: Does commercial corridor carry its weight in taxes?

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A look at how much all the development on the often-maligned Rt 58 really contributes in property taxes — and how many of those commercial properties have tax exemptions.
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