Schenectady City Council lowers 2027 property tax increase to 14%
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@keyframes spin { 0% { transform:rotate(0deg); } 100% { transform:rotate(360deg); } } Schenectady City Council lowers 2027 property tax increase to 14%The Schenectady City Council approved a new budget that lowers next year's property tax increase from 42% to 14%. SCHENECTADY, N.Y. (WNYT) — The Schenectady City Council approved a new budget that lowers next year s property tax increase from 42% to 14%. The council met again Thursday evening after its Monday evening meeting was inconclusive. The council voted 5-1 to approve the new budget with the lower property tax increase. John Mootooveren, finance chair, voted against the new budget. One council member was absent. Schenectady Mayor Gary McCarthy and several council members are worried about the new budget as the city is dealing with a $14 million deficit. The city has requested state aid to help fill the gap, and offi