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Breaking News: 'Slide The City' Canceled In Mount Vernon
politics

Mayor Wants To Borrow $2.5M To Trim Mt. Vernon's Tax Hike

Mayor Ernie Davis is proposing to borrow $2.5 million to help lower Mount Vernon's tax rate to 6.7 percent.
Mayor Ernie Davis is proposing to borrow $2.5 million to help lower Mount Vernon's tax rate to 6.7 percent. Photo Credit: File Photo

MOUNT VERNON, N.Y. – Mount Vernon plans to borrow $2.5 million as part of a plan to cut the city’s tax hike to 6.7 percent, Mayor Ernie Davis said.

Davis’s plan for his revised budget would spend $900,000 from a fund intended to cover refunds for property tax challenges. The revised budget was adopted by the Board of Estimates and Contracts by a 2-1 vote with Comptroller Maureen Walker voting against it. Walker said that the budget, which would cut $250,000 from the allocation for the public library and $200,000 from the Public Works Department didn’t make sense.

With a new tax increase on the table, residents will get another chance to speak out on the budget Friday, Dec. 21. At the last public hearing , residents spilled out into the halls of City Hall to protest the original 9.8 percent tax increase.

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